Altisource Portfolio Solutions S.A.(ASPS)
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Altisource Announces it has Entered Into a Transaction Support Agreement with Lenders Holding Approximately 99% of the Company's Term Loans to Effectuate Exchange, Amendment and Maturity Extension Transactions
Newsfilter· 2024-12-17 02:47
The Transactions Contemplated by the Agreement Would (a) Reduce the Company's Current Outstanding Debt Obligations from an aggregate principal amount of $231 Million to, collectively, (i) an up to $110 Million Term Loan, (ii) an up to $50 Million Non-Interest Bearing Exit Fee and (iii) a $12.5 Million Super Senior Credit Facility, (b) Decrease the Company's Annual Cash and PIK Interest by Approximately $18 million1, (c) Extend the Maturity Date of the Term Loan by Five Years, (d) Grant Equity to Lenders, an ...
Altisource Announces it has Entered Into a Transaction Support Agreement with Lenders Holding Approximately 99% of the Company's Term Loans to Effectuate Exchange, Amendment and Maturity Extension Transactions
GlobeNewswire· 2024-12-17 02:47
The Transactions Contemplated by the Agreement Would (a) Reduce the Company’s Current Outstanding Debt Obligations from an aggregate principal amount of $231 Million to, collectively, (i) an up to $110 Million Term Loan, (ii) an up to $50 Million Non-Interest Bearing Exit Fee and (iii) a $12.5 Million Super Senior Credit Facility, (b) Decrease the Company’s Annual Cash and PIK Interest by Approximately $18 million1, (c) Extend the Maturity Date of the Term Loan by Five Years, (d) Grant Equity to Lenders, an ...
Altisource Portfolio Solutions S.A.(ASPS) - 2024 Q3 - Earnings Call Transcript
2024-10-24 21:19
Altisource Portfolio Solutions SA (NASDAQ:ASPS) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Michelle Esterman - Chief Financial Officer Bill Shepro - Chairman and Chief Executive Officer Conference Call Participants Raj Sharma - B. Riley Mike Grondahl - Northland Operator Good day, and thank you for standing by. Welcome to the Altisource Portfolio Solutions Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers pre ...
Altisource Portfolio Solutions (ASPS) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2024-10-24 13:25
Altisource Portfolio Solutions (ASPS) came out with a quarterly loss of $0.23 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.44 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate services firm would post a loss of $0.22 per share when it actually produced a loss of $0.21, delivering a surprise of 4.55%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Altisource ...
Altisource Announces Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-10-24 11:13
LUXEMBOURG, Oct. 24, 2024 (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 2024. “We had another solid quarter, demonstrating our resilience in a challenging market. We grew Service revenue both sequentially and year-over-year despite a 15% decline in serious delinquency rates, a 7% decline in foreclosure initiations and ...
Altisource Portfolio Solutions S.A.(ASPS) - 2024 Q3 - Quarterly Results
2024-10-24 11:02
Exhibit 99.1 | --- | --- | |---------------------------|-----------------------------| | | | | | | | | FOR FURTHER INFORMATION | | FOR IMMEDIATE RELEASE | CONTACT: | | | Michelle D. Esterman | | | Chief Financial Officer | | | T: (770) 612-7007 | ALTISOURCE ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS Luxembourg, October 24, 2024 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today report ...
Altisource Portfolio Solutions S.A.(ASPS) - 2024 Q3 - Quarterly Report
2024-10-24 11:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-34354 ALTISOURCE PORTFOLIO SOLUTIONS S.A. (Exact name of registrant as specified in its Charter) Luxembourg 98-0554932 (State ...
Altisource Portfolio Solutions S.A. Schedules Third Quarter 2024 Conference Call
GlobeNewswire News Room· 2024-10-22 12:22
LUXEMBOURG, Oct. 22, 2024 (GLOBE NEWSWIRE) -- On Thursday, October 24, 2024, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the third quarter 2024. A press release and presentation will be available on Altisource’s website in the Investor Relations section. Altisource will also host a conference call at 8:30 a.m. EDT on the same day to discuss its third quarter 2024 results. A link to the live audio webcast will be available on Altisource’s website in the Investor ...
Altisource Portfolio Solutions S.A.(ASPS) - 2024 Q2 - Earnings Call Transcript
2024-07-25 20:01
Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) Q2 2024 Results Conference Call July 25, 2024 8:30 AM ET Company Participants Michelle Esterman - Chief Financial Officer Bill Shepro - Chairman and Chief Executive Officer Conference Call Participants Raj Sharma - B. Riley Mike Grondahl - FNBO Northland Operator Good day, and thank you for standing by. Welcome to the Altisource Portfolio Solutions Second Quarter 2024 Earnings Call. [Operator Instructions] Please be advised that today's conference is being r ...
Altisource Portfolio Solutions (ASPS) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2024-07-25 13:15
Altisource Portfolio Solutions (ASPS) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.55%. A quarter ago, it was expected that this real estate services firm would post a loss of $0.26 per share when it actually produced a loss of $0.20, delivering a surprise of 23.08%.Over the last four qu ...