Altisource Portfolio Solutions (ASPS) Misses Q4 EPS by 7c

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Go back to Altisource Portfolio Solutions (ASPS) Misses Q4 EPS by 7c

Altisource Announces Fourth Quarter and Full Year Financial Results

February 22, 2018 7:19 AM EST

LUXEMBOURG, Feb. 22, 2018 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (Altisource or the Company) (NASDAQ: ASPS) today reported financial results for the fourth quarter and full year 2017, reporting full year service revenue of $899.6 million and fourth quarter 2017 service revenue of $207.3 million.  Full year 2017 net income attributable to Altisource was $308.9 million, or $16.53 per diluted share, and adjusted net income attributable to Altisource(1) for the full year 2017 was $52.3 million, or adjusted diluted earnings per share(1) of $2.80.  Fourth quarter 2017 net income attributable to Altisource was $286.4 million, or $15.72 per diluted share and adjusted net income... More