Altisource Announces Third Quarter 2024 Financial Results
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: GlobeNewswire
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 a 14% decline in foreclosure sales through August this year compared to the same period last year(3). For the quarter, we generated $38.2 million in Service revenue, a $4.0 million or 11.8% increase over the same period last year. This growth primarily reflects sales wins and represents our strongest quarterly Service revenue performance in twelve quarters. Compared to last quarter, Service revenue grew by $1.3 million or 3.5%, primarily from ramping sales wins,” said Chairman
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News
- Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Altisource Portfolio Solutions Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
ASPS
Earnings
- 10/24/24 - Beat
ASPS
Sec Filings
- 10/24/24 - Form 4
- 10/24/24 - Form 4
- 10/24/24 - Form 8-K
- ASPS's page on the SEC website