Edition:
India

Altisource Portfolio Solutions SA (ASPS.OQ)

ASPS.OQ on NASDAQ Stock Exchange Global Select Market

23.64USD
18 Apr 2019
Change (% chg)

$-0.68 (-2.80%)
Prev Close
$24.32
Open
$24.31
Day's High
$24.43
Day's Low
$23.54
Volume
14,844
Avg. Vol
30,591
52-wk High
$37.86
52-wk Low
$19.40

Latest Key Developments (Source: Significant Developments)

Altisource Portfolio Solutions SA Agrees To Sell Its Financial Services Business For $44 Mln
Friday, 29 Mar 2019 

March 29 (Reuters) - Altisource Portfolio Solutions SA ::ALTISOURCE PORTFOLIO SOLUTIONS SA - ANNOUNCES DEFINITIVE AGREEMENT TO SELL ITS FINANCIAL SERVICES BUSINESS.ALTISOURCE PORTFOLIO SOLUTIONS SA - ENTERED INTO DEFINITIVE AGREEMENT TO SELL ITS FINANCIAL SERVICES BUSINESS TO TRANSWORLD SYSTEMS INC FOR $44 MILLION.ALTISOURCE PORTFOLIO -ESTIMATES IT WILL RECOGNIZE A PRETAX GAIN OF MORE THAN $20 MILLION FROM SALE, WHICH IS ANTICIPATED TO CLOSE BEFORE END OF Q3 2019.ALTISOURCE - INTENDS TO USE $40 MILLION UP-FRONT PAYMENT, SUBJECT TO A WORKING CAPITAL ADJUSTMENT, TO REPAY A PORTION OF ITS SENIOR SECURED TERM LOAN.  Full Article

Altisource Reports Q4 Adjusted Earnings Per Share $0.54
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - Altisource Portfolio Solutions SA ::ALTISOURCE ANNOUNCES FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.54.Q4 EARNINGS PER SHARE $15.72.QTRLY SERVICE REVENUE OF $207.3 MILLION, AN 8% DECREASE COMPARED TO THE THIRD QUARTER 2017.  Full Article

Altisource Q3 adjusted earnings per share $0.73
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Altisource Portfolio Solutions Sa :Altisource announces third quarter financial results.Q3 adjusted earnings per share $0.73.Q3 earnings per share $0.38.Altisource portfolio solutions sa - q3 ‍service revenue of $224.3 million, a 6% decrease compared to q2 2017 and a 6% decrease compared to q3 2016​.Q3 earnings per share view $0.73, revenue view $215.4 million -- Thomson Reuters I/B/E/S.Altisource portfolio solutions sa- ‍ on target to be within range of midpoint of full year 2017 scenarios for adjusted diluted earnings per share​.  Full Article

New Residential and Altisource announce cooperative brokerage agreement
Monday, 28 Aug 2017 

Aug 28 (Reuters) - Altisource Portfolio Solutions Sa :New Residential and Altisource announce cooperative brokerage agreement relating to approximately $116 billion UPB of mortgage servicing rights and letter of intent for other services.Co, Altisource entered into an 8-year cooperative brokerage agreement​.  Full Article

Altisource names Indroneel Chatterjee as CFO
Wednesday, 9 Aug 2017 

Aug 9 (Reuters) - Altisource Portfolio Solutions SA :Altisource announces organizational changes.Altisource Portfolio Solutions SA - ‍Indroneel Chatterjee will be joining Altisource as its Chief Financial Officer on or around October 1, 2017​.Altisource Portfolio Solutions SA - Chatterjee will join Altisource from Nomura Securities​.Altisource Portfolio - Upon commencement of Chatterjee's employment, Michelle Esterman, current CFO , will assume role of Executive Vice President, Financ​e.  Full Article

Altisource Portfolio Solutions Q2 earnings per share $0.48
Wednesday, 9 Aug 2017 

Aug 9 (Reuters) - Altisource Portfolio Solutions Sa :Altisource Portfolio Solutions SA announces second quarter financial results.Q2 adjusted earnings per share $0.88.Q2 earnings per share $0.48.Altisource qtrly ‍total service revenue $238.1 million versus $241.3 million​.  Full Article

Altisource says co is in communication with Ocwen and New Residential
Monday, 8 May 2017 

May 8 (Reuters) - Altisource Portfolio Solutions Sa :Altisource responds to potential transaction between ocwen and new residential.Altisource portfolio solutions sa - altisource is in communication with both ocwen and nrz.Altisource portfolio - expects any potential agreement between ocwen and nrz will be consistent with and respect co's service agreements with ocwen.Altisource portfolio - aware that ocwen and nrz have each stated that there are on-going negotiations for a deal.Altisource portfolio - view efforts by ocwen & nrz to reach deal that reduces "uncertainty and strengthens relationship between nrz and ocwen as a positive development".  Full Article