Ocwen Financial (OCN) Misses Q2 EPS by 13c, Revenues Miss

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Go back to Ocwen Financial (OCN) Misses Q2 EPS by 13c, Revenues Miss

Ocwen Financial Announces Operating Results for Second Quarter 2018

July 26, 2018 6:30 AM EDT

Reported a Q2 2018 net loss of $(30) million, a $15 million improvement over Q2 2017Generated $97 million of Cash Flows from Operating Activities during the quarterHelped over 10,700 struggling families remain in their homes through loan modificationsVoluntarily paid-down $50 million of Corporate debt

WEST PALM BEACH, Fla., July 26, 2018 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (Ocwen or the Company), a leading financial services holding company, today announced operating results for the second quarter of... More