Altisource Announces Strong Second Quarter Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. FIX
9. TSCO
10. BE

Go back to Altisource Announces Strong Second Quarter Results

Altisource Portfolio Solutions (ASPS) Tops Q2 EPS Views; Acquires CastleLine Holdings

July 23, 2015 8:06 AM EDT

Altisource Portfolio Solutions (NASDAQ: ASPS) reported Q2 EPS of $2.62, $1.28 better than the analyst estimate of $1.34. Revenue for the quarter came in at $236.6 million versus the consensus estimate of $229.45 million.

The company also announced the acquisition of CastleLine Holdings, LLC ("CastleLine"), a specialty risk management and insurance services firm.

CastleLine is the leading provider of Certified Loan Insurance products designed to protect mortgage market participants against losses caused by mortgage underwriting... More