Altisource Announces Fourth Quarter and Full Year 2018 Financial Results

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Go back to Altisource Announces Fourth Quarter and Full Year 2018 Financial Results

Altisource Portfolio Solutions (ASPS) Tops Q4 EPS by 26c, Revenues Beat

February 26, 2019 7:01 AM EST

Altisource Portfolio Solutions (NASDAQ: ASPS) reported Q4 EPS of $0.59, $0.26 better than the analyst estimate of $0.33. Revenue for the quarter came in at $210.9 million versus the consensus estimate of $179.8 million.

Fourth Quarter 2018

Service revenue of $210.9 millionOperating income of $2.0 million and adjusted operating income(1) of $24.3 millionLoss before income taxes and non-controlling interests of $(12.8) million and adjusted pre-tax income attributable to Altisource(1) of $17.6 million, or 8.3% of service... More