Ocwen Financial Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 222.16 million compared to USD 265.45 million a year ago. Net income was USD 10.35 million compared to net loss of USD 10.32 million a year ago. Basic earnings per share from continuing operations was USD 1.12 compared to basic loss per share from continuing operations of USD 1.15 a year ago. Diluted earnings per share from continuing operations was USD 1.11 compared to diluted loss per share from continuing operations of USD 1.15 a year ago.
For the six months, revenue was USD 453.72 million compared to USD 473.04 million a year ago. Net income was USD 68.44 million compared to net loss of USD 1.78 million a year ago. Basic earnings per share from continuing operations was USD 7.41 compared to basic loss per share from continuing operations of USD 0.2 a year ago. Diluted earnings per share from continuing operations was USD 7.19 compared to diluted loss per share from continuing operations of USD 0.2 a year ago.