- Q4 adjusted net income of $9.8M or $0.54 per share vs. $13.4M and $0.73 in Q3. Full-year adjusted net income of $52.3M or $2.80 per share.
- CEO Bill Shepro notes full-year servicing revenue and adjusted EPS both came in slightly above the midpoint of expectations.
- Q4 servicing revenue of $207.3M fell 8% from Q3 and 9% Y/Y; full-year service revenue of $899.6M fell 5% from 2016.
- Adjusted cash from operations of $20.7M fell 51% from Q3 and 13% Y/Y; full-year adjusted cash from operations of $99.9M fell 14% from 2016.
- Conference call at 11 ET
- Previously: Altisource Portfolio misses by $0.07, beats on revenue (Feb. 22)
- ASPS flat premarket
More on Altisource Portfolio's Q4 miss
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Symbol | Last Price | % Chg |
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ASPS | - | - |
Altisource Portfolio Solutions S.A. |