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

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

Altisource Announces Fourth Quarter and Full Year 2018 Financial Results

February 26, 2019 7:00 AM EST

Full Year 2018

Service revenue of $805.5 million
Operating income of $42.5 million and adjusted operating income(1) of $88.3 millionIncome before income taxes and non-controlling interests of $1.4 million and adjusted pre-tax income attributable to Altisource(1) of $62.0 million, or 7.7% of service revenue
Net loss attributable to Altisource of $(5.4) million, or $(0.32) per share, and adjusted net income attributable to Altisource(1) of $42.6 million, or $2.43 per diluted share

Fourth Quarter 2018

Service revenue of $210.9 million
Operating income of $2.0 million and adjusted operating income(1) of $24.3 millionLoss before... More