Altisource Portfolio Solutions (ASPS) Tops Q2 EPS Views; Acquires CastleLine Holdings
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Altisource Announces Strong Second Quarter Results
July 23, 2015 7:22 AM EDTLUXEMBOURG, July 23, 2015 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS) today reported strong sequential quarter growth of service revenue, net income attributable to shareholders and diluted earnings per share.
Second Quarter 2015 Results Compared to First Quarter 2015 and Second Quarter 2014:
Service revenue of $236.6 million, a 14% increase compared to the first quarter 2015 and a 10% decrease compared to the second quarter 2014 Net income attributable to Altisource of $46.0 million compared to $3.7 million in the first quarter 2015 and $54.1 million in the second quarter 2014 Adjusted net income attributable to Altisource(1)... MoreAltisource Strengthens Offerings in Originations and Mortgage Servicing With Acquisition of CastleLine
July 23, 2015 7:22 AM EDTFintech Leader Acquires Specialty Risk Management and Insurance Services Firm
LUXEMBOURG, July 23, 2015 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. ("Altisource") (NASDAQ: ASPS), a leading provider of mortgage, financial and technology services for the real estate industry, today announced the acquisition of CastleLine Holdings, LLC... More
