Altisource Portfolio Solutions (ASPS) Posts Q3 adj.-EPS of $2.27

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Go back to Altisource Portfolio Solutions (ASPS) Posts Q3 adj.-EPS of $2.27

Altisource Announces Third Quarter Financial Results

October 22, 2015 7:21 AM EDT

LUXEMBOURG, October 22, 2015 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS) today reported strong third quarter results.

Third Quarter 2015 Results Compared to Third Quarter 2014:

Service revenue of $245.5 million, a 1% decrease Net income attributable to Altisource of $37.0 million, a 12% decrease Adjusted net income attributable to Altisource(1) of $46.4 million, a 10% decrease Diluted earnings per share of $1.82, a 2% increase Adjusted diluted earnings per share(1) of $2.27, a 4% increase

"We remain focused on providing high quality, compliant services to our customers and positioning the... More

Altisource Announces Third Quarter Financial Results

October 22, 2015 7:21 AM EDT

LUXEMBOURG, October 22, 2015 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS) today reported strong third quarter results.

Third Quarter 2015 Results Compared to Third Quarter 2014:

Service revenue of $245.5 million, a 1% decrease Net income attributable to Altisource of $37.0 million, a 12% decrease Adjusted net income attributable to Altisource(1) of $46.4 million, a 10% decrease Diluted earnings per share of $1.82, a 2% increase Adjusted diluted earnings per share(1) of $2.27, a 4% increase

"We remain focused on providing high quality, compliant services to our customers and positioning the... More