Altisource Portfolio Solutions (ASPS) Posts Q4 Adj-EPS of $0.55
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Altisource Announces Fourth Quarter And Full Year Financial Results And That The Company Is Actively Exploring Refinancing Its Existing $480 Million Senior Secured Term Loan
February 16, 2017 8:35 AM ESTLUXEMBOURG, Feb. 16, 2017 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (Altisource or the Company) (NASDAQ: ASPS) today reported financial results for the fourth quarter and full year 2016, reporting strong full year service revenue of $942.6 million. Compared to 2015, 22% service revenue growth from customers other than Ocwen Financial Corporation (Ocwen) and higher property preservation services offset the expected loss in revenue from Ocwens declining portfolio, lower delinquencies and lower pricing for certain technologies.
Fourth quarter 2016 service revenue of $227.2 million was 5% lower than the third quarter of 2016 from seasonally lower REO sales and... More
