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Altisource Announces Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-07-25 11:04
LUXEMBOURG, July 25, 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 second quarter 2024. “We had a strong second quarter and believe we are on track to achieve our 2024 guidance of 13% to 32% service revenue growth over 2023 and Adjusted EBITDA(1) of between $17.5 million and $22.5 million in 2024, a $21 million improvement in ...
Altisource Portfolio Solutions S.A.(ASPS) - 2024 Q2 - Quarterly Results
2024-07-25 11:01
Exhibit 99.1 | --- | --- | |---------------------------|--------------------------------------| | | | | | | | | | | FOR IMMEDIATE RELEASE | FOR FURTHER INFORMATION CONTACT: | | | Michelle D. Esterman | | | Chief Financial Officer | | | T: (770) 612-7007 | ALTISOURCE ANNOUNCES SECOND QUARTER 2024 FINANCIAL RESULTS Luxembourg, July 25, 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 ...
Altisource Portfolio Solutions S.A.(ASPS) - 2024 Q2 - Quarterly Report
2024-07-25 11:00
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 June 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 or o ...
Altisource Portfolio Solutions S.A. Schedules Second Quarter 2024 Conference Call
GlobeNewswire News Room· 2024-07-23 12:52
LUXEMBOURG, July 23, 2024 (GLOBE NEWSWIRE) -- On Thursday, July 25, 2024, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the second 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 second quarter 2024 results. A link to the live audio webcast will be available on Altisource’s website in the Investor ...
Lenders One Launches L1 Insurance for Homeowners and Automobile Insurance
globenewswire.com· 2024-05-22 12:00
EL PASO, Texas, May 22, 2024 (GLOBE NEWSWIRE) -- Lenders One® Cooperative (“L1” or “Lenders One”), a national alliance of independent mortgage bankers, banks and credit unions, managed by a subsidiary of Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), today announces the availability of Lenders One Insurance (“L1 Insurance”), a homeowners and automobile insurance solution offered to Lenders One members. L1 Insurance is a new member benefit that provides borrowers with mul ...
Lenders One Launches L1 Insurance for Homeowners and Automobile Insurance
Newsfilter· 2024-05-22 12:00
EL PASO, Texas, May 22, 2024 (GLOBE NEWSWIRE) -- Lenders One® Cooperative ("L1" or "Lenders One"), a national alliance of independent mortgage bankers, banks and credit unions, managed by a subsidiary of Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ:ASPS), today announces the availability of Lenders One Insurance ("L1 Insurance"), a homeowners and automobile insurance solution offered to Lenders One members. L1 Insurance is a new member benefit that provides borrowers with mult ...
Altisource Portfolio Solutions S.A.(ASPS) - 2024 Q1 - Earnings Call Presentation
2024-04-26 06:28
ALTISOURCE FIRST QUARTER 2024 SUPPLEMENTARY INFORMATION APRIL 25, 2024 1 DISCLAIMER This presentation contains forward-looking statements that involve a number of risks pandemic, customer concentration, the timing of the anticipated increase in default and uncertainties. These forward-looking statements include all statements that are related referrals following the expiration offoreclosureand eviction moratoriums and not historical fact, including statements that relate to, among other things, future forbe ...
Altisource Portfolio Solutions S.A.(ASPS) - 2024 Q1 - Earnings Call Transcript
2024-04-25 17:45
Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) Q1 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants Michelle Esterman – Chief Financial Officer Bill Shepro – Chairman and Chief Executive Officer Conference Call Participants Mike Grondahl – Northland Raj Sharma – B. Riley Operator Good day, and thank you for standing by. Welcome to the Altisource Portfolio Solutions First Quarter 2024 Earnings Call. At this time, all participants are in listen-only mode. After the speakers’ pres ...
Altisource Portfolio Solutions (ASPS) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-04-25 13:16
Altisource Portfolio Solutions (ASPS) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to loss of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.08%. A quarter ago, it was expected that this real estate services firm would post a loss of $0.33 per share when it actually produced a loss of $0.37, delivering a surprise of -12.12%.Over the last four ...
Altisource Announces First Quarter 2024 Financial Results
Newsfilter· 2024-04-25 11:06
LUXEMBOURG, April 25, 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 first quarter 2024. "I am very pleased with our first quarter performance. We generated $4.6 million of Adjusted EBITDA(1), marking our best quarterly performance since the third quarter of 2020, on $36.9 million of service revenue. We are winning meaningful ne ...