Altisource Announces Second Quarter 2024 Financial Results [Yahoo! Finance]
Altisource Portfolio Solutions S.A. (ASPS)
Last altisource portfolio solutions s.a. earnings: 4/30 06:59 am
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US:NASDAQ Investor Relations:
ir.altisource.com/investor-relations
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Source: Yahoo! Finance
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 of between $17.5 million and $22.5 million in 2024, a $21 million improvement in Adjusted EBITDA over 2023 if the midpoint is achieved. For the quarter, we generated $36.9 million of Service revenue and $4.4 million of Adjusted EBITDA and modestly increased cash and cash equivalents to $29.7 million. Our financial results reflect our strong sales wins, price increases, referral volume growth and lower cost base in what continues to be an incredibly difficult environment of close to historically low mortgage delinquency rates and low origination volume,” said Chairman and Chief Executive Officer William B. Shepro. Mr. Shepro further commented, “We continue to win meaningful new business and are making good p
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News
- Altisource Portfolio Solutions Second Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, Altisource Portfolio (ASPS) Q2 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- Altisource Announces Second Quarter 2024 Financial ResultsGlobeNewswire
- Altisource Portfolio Solutions S.A. Schedules Second Quarter 2024 Conference CallGlobeNewswire
ASPS
Earnings
- 7/25/24 - Beat
ASPS
Sec Filings
- 7/25/24 - Form 4
- 7/25/24 - Form 4
- 7/25/24 - Form 8-K
- ASPS's page on the SEC website