Seeking Alpha

More on Altisource results

  • Mortgage servicing revenue of $139.8M up 52% from a year ago. Cost of sales of $114.9M up 66%. SG&A expense of $33.8M up 67%. Operating income of $44.5M up 32.8%. Diluted EPS of $1.42 up 18%. Cash from operations of $50.8M up 162%.
  • 1.2M shares repurchased during 2013 at average price of $116.99 each.
  • Chairman Bill Erbey: "We intend to continue our aggressive share repurchase program."
  • CC at 11 ET
  • Press release, Q4 results
  • ASPS no trades premarket

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