Altisource Asset Management Corp (ASPS) Tops Q4 EPS by 1c

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Go back to Altisource Asset Management Corp (ASPS) Tops Q4 EPS by 1c

Altisource Announces Fourth Quarter and Full Year 2023 Financial Results

March 7, 2024 7:07 AM EST

LUXEMBOURG, March 07, 2024 (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 fourth quarter and full year 2023.

I am pleased with our performance in 2023 as we continue to strengthen our financial position and win new business which has not fully ramped. In the face of serious market headwinds for both Business Segments, Service revenue in the Servicer and Real Estate segment was only 4% lower than 2022 and Service revenue... More