Altisource Asset Management Corp (ASPS) Misses Q2 EPS by 4c

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Go back to Altisource Asset Management Corp (ASPS) Misses Q2 EPS by 4c

Altisource Announces Second Quarter 2022 Financial Results

July 28, 2022 7:01 AM EDT

LUXEMBOURG, July 28, 2022 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (Altisource or the Company) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the second quarter 2022.

I am pleased with our second quarter results and performance as we continue to execute on our strategic plan. Our Servicer and Real Estate segment is benefiting from the restart of the default business with both sequential and year-over-year revenue and Adjusted EBITDA growth. In our Origination segment, we grew the average weighted sales... More