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Stock impact report

Altisource Announces Second Quarter 2019 Financial Results

Altisource Portfolio Solutions S.A. (ASPS) 
Last altisource portfolio solutions s.a. earnings: 4/30 06:59 am Check Earnings Report
US:NASDAQ Investor Relations: ir.altisource.com/investor-relations
Company Research Source: GlobeNewswire
Second Quarter 2019 Service revenue of $190.5 millionIncome from operations of $6.1 million and adjusted operating income(1) of $16.2 millionIncome before income taxes and non-controlling interests of $11.9 million and adjusted pre-tax income attributable to Altisource(1) of $8.9 millionNet loss attributable to Altisource of $(5.8) million, or $(0.36) per diluted share, and adjusted net income attributable to Altisource(1) of $5.9 million, or $0.36 per diluted share LUXEMBOURG, July 25, 2019 (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 2019. “I am very pleased with our progress in streamlining Altisource.  We recently sold the majority of the Buy-Renovate-Lease-Sell (“BRS”) properties and our Financial Services and Mortgage Charge-Off Collections business, and began selling our shares in Show less Read more
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