Altisource

Altisource Portfolio Solutions SA engages in the provision of integrated service and marketplace for the real estate and mortgage industries. It operates through the following businesses: field services, marketplace, and mortgage and real estate solutions. The field services segment is involved in property preservation and inspection services, and vendor management oversight software-as-a-service (SaaS) platform. The marketplace business offers Hubzu, an online real estate auction platform, real estate auction, real estate brokerage, and asset management; and Equator, a SaaS-based technology to manage real estate owned, short sales, foreclosure, bankruptcy, and eviction processes. The mortgage and real estate solutions business includes mortgage loans, title insurance, real estate valuation services, residential and commercial construction inspection and risk mitigation services, foreclosure trustee services, and management of Lenders One. The company was founded on November 4, 1999 and is headquartered in Luxembourg.

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Altisource (ASPS) reports robust 2022 performance and eyes revenue growth

Altisource (ASPS) delivered a strong performance in 2022, focusing on revenue growth, cost savings, and balance sheet strengthening. While facing challenges in certain segments, the company anticipates growth in revenue, margin expansion, and positive adjusted EBITDA in 2023. With a strategic focus on new business wins and market recovery, Altisource is poised for continued success.

Altisource (ASPS) reports robust Q1 performance amidst market challenges

Altisource (ASPS) delivered a strong performance in Q1 2023, driven by revenue growth, cost-saving measures, and a strengthened balance sheet. While facing challenges related to consumer financial stress indicators and market risks, the company remains optimistic about revenue and EBITDA growth opportunities. By focusing on operational efficiency and leveraging its sales pipeline, Altisource aims to navigate market challenges and drive future growth.

Altisource (ASPS) reports 47% EBITDA growth, eyes acquisitions for 2024

Altisource (ASPS) delivered a strong performance in adjusted EBITDA, despite challenges in service revenue. With a strategic focus on managing expenses, new business wins, and potential acquisitions, the company aims for positive adjusted EBITDA in the fourth quarter and eyes growth opportunities in 2024.

Altisource (ASPS) reports strong Q3 performance and cost-cutting success

Altisource (ASPS) delivered a strong performance in Q3 2023, with improved adjusted EBITDA and margins in both segments. The company is actively pursuing new business opportunities, cutting costs effectively, and maintaining a healthy cash position. Analysts are interested in foreclosure trends, cost-cut progress, and future cash flow outlook.

Altisource reports mixed Q4 performance, focuses on growth strategies

Altisource's Q4 2023 performance reflects a mix of challenges and strengths across its segments, with a focus on operational efficiency and strategic growth initiatives for 2024.
The company's resilience in the Origination segment and progress in debt reduction underscore its commitment to financial stability and market positioning.
While facing challenges in revenue growth and inventory management, Altisource has opportunities to leverage customer relationships, innovation, and debt management for future success.
Overall, Altisource's strategic focus on growth, efficiency, and financial health positions it for potential long-term sustainability and competitive advantage.

Altisource excels in Q1, eyes revenue growth and market expansion

Altisource's strong Q1 performance, focus on market share growth, and emphasis on profitability through efficiency initiatives position the company for continued success. With a positive outlook for revenue and EBITDA growth, Altisource is strategically navigating market dynamics and capitalizing on sales wins.

Altisource (ASPS) reports robust Q2 performance and eyes revenue growth

Altisource (ASPS) delivered strong Q2 results with revenue growth and improved margins, focusing on new business wins and service expansion.
While challenges like consumer financial stress and market uncertainties exist, Altisource remains optimistic about future growth and revenue contributions.
The company's strategic initiatives in homeowners insurance and renovation services position it well for achieving 2024 targets and driving profitability.

Altisource (ASPS) reports robust Q3 performance, eyes Renovation business growth

Altisource Portfolio Solutions (ASPS) delivered a solid performance in Q3 2024, driven by strong service revenue and improved adjusted EBITDA. The company's focus on the Renovation business and diversification of revenue streams are key strengths. Despite market challenges, ASPS remains optimistic about future growth opportunities and is proactively managing risks.
ASPS's ability to adapt to changing market conditions, particularly in the Renovation business, highlights its resilience and strategic foresight. By maintaining good margins and capacity to handle referrals, ASPS is well-positioned for sustained growth and success in the evolving market landscape.

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Altisource Received $102.2 Million in Cash at Closing and Anticipates Receiving $3.5 Million in Cash Following the One-Year Anniversary of Closing Altisource Received $102.2 Million in Cash at Closing and Anticipates Receiving $3.5 Million in Cash Following the One-Year Anniversary of Closing

Altisource Announces the Completion of the Sale of Its Pointillist Subsidiary

PHOENIX & LUXEMBOURG--(BUSINESS WIRE)-- #bfr--SFRhub.com and Altisource to create fully integrated acquisition/disposition digital platform streamlining CRE transactional investment process.

SFRhub.com Signs Technology Integration MOU with Altisource Creating SFR Investment Industry's Leading Single-Source Transactional Platform

Altisource Portfolio Solutions SA (ASPS) CEO William Shepro on Q3 2021 Results - Earnings Call Transcript

Altisource Portfolio (ASPS) delivered earnings and revenue surprises of -73.91% and -16.96%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Altisource Portfolio Solutions (ASPS) Reports Q3 Loss, Misses Revenue Estimates

LUXEMBOURG, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the third quarter 2021.

Altisource Announces Third Quarter 2021 Financial Results

LUXEMBOURG, Oct. 26, 2021 (GLOBE NEWSWIRE) -- On Thursday, November 4, 2021, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the third quarter 2021. A press release and presentation will be available on Altisource's website in the Investor Relations section.

Altisource Portfolio Solutions S.A. Schedules Third Quarter 2021 Conference Call

Altisource Portfolio (ASPS) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Despite Fast-paced Momentum, Altisource Portfolio (ASPS) Is Still a Bargain Stock

Mortgage industry veteran joins the cooperative Mortgage industry veteran joins the cooperative

Tricia Migliazzo Joins Lenders One as Senior Vice President, Origination Sales

Altisource Portfolio (ASPS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Altisource Portfolio (ASPS): Can Its 18.3% Jump Turn into More Strength?

The stock price of Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) increased by over 18% today.

ASPS Stock: Why It Substantially Increased Today

Altisource to Receive an Estimated $104 Million in Cash and Recognize an Estimated $107 Million Post-Tax Gain From the Transaction Altisource to Receive an Estimated $104 Million in Cash and Recognize an Estimated $107 Million Post-Tax Gain From the Transaction

Altisource Announces Definitive Agreement to Sell Pointillist Subsidiary

The cooperative hosts its first large-scale, in-person event in over a year The cooperative hosts its first large-scale, in-person event in over a year

Lenders One Launches New Solutions and Revenue Opportunities at Annual Summit

Altisource Portfolio Solutions S.A. (ASPS) CEO William Shepro on Q2 2021 Results - Earnings Call Transcript

Shares of Altisource Portfolio (NASDAQ:ASPS) moved higher by 1.8% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 9.21% year over year to ($0.69), which missed the estimate of ($0.49).

Recap: Altisource Portfolio Q2 Earnings

LUXEMBOURG, July 29, 2021 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the second quarter 2021.

Altisource Announces Second Quarter 2021 Financial Results

LUXEMBOURG, July 26, 2021 (GLOBE NEWSWIRE) -- On Thursday, July 29, 2021, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the second quarter 2021. A press release and presentation will be available on Altisource's website in the Investor Relations section.

Altisource Portfolio Solutions S.A. Schedules Second Quarter 2021 Conference Call

The stock price of Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) increased by 15.96% yesterday.

ASPS Stock Price Increased 15.96%: Why It Happened

Strength Seen in Altisource Portfolio (ASPS): Can Its 19.7% Jump Turn into More Strength?

Mortgage and Real Estate industry service provider secures a revolving line of credit for general corporate purposes Mortgage and Real Estate industry service provider secures a revolving line of credit for general corporate purposes

Altisource Signs Revolving Line of Credit Agreement

Altisource Portfolio Solutions S.A. (ASPS) CEO Bill Shepro on Q1 2021 Results - Earnings Call Transcript

Altisource Portfolio (ASPS) delivered earnings and revenue surprises of -160.00% and -2.38%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Altisource Portfolio Solutions (ASPS) Reports Q1 Loss, Misses Revenue Estimates

Shares of Altisource Portfolio (NASDAQ:ASPS) remained unaffected after the company reported Q1 results. Quarterly Results Earnings per share decreased 635.29% over the past year to ($0.91), which missed the estimate of ($0.35).

Recap: Altisource Portfolio Q1 Earnings

LUXEMBOURG, May 10, 2021 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the first quarter 2021.

Altisource Announces First Quarter 2021 Financial Results

Providing an increased breadth of solutions and lengthening the term of agreement Providing an increased breadth of solutions and lengthening the term of agreement

News for Altisource Stock (ASPS)