Altisource Portfolio Non-GAAP EPS, revenue misses estimates

Jul. 28, 2022 7:28 AM ETAltisource Portfolio Solutions S.A. (ASPS)By: Dania Nadeem, SA News Editor
  • Altisource Portfolio press release (NASDAQ:ASPS): Q2 Non-GAAP EPS of -$0.70 misses by $0.04.
  • Revenue of $37.64M (-14.5% Y/Y) misses by $0.38M.
  • Gross profit of $4.1 million, representing 11% of service revenue
  • Loss before income taxes and non-controlling interests of $(13.8) million
  • Adjusted pre-tax loss attributable to Altisource(2) of $(11.0) million
  • Adjusted earnings before interest, tax, depreciation and amortization (“EBITDA”)(2) of $(6.6) million

Recommended For You

Comments

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.