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Altisource Portfolio Solutions S.A. - ASPS STOCK NEWS

Welcome to our dedicated news page for Altisource Portfolio Solutions S.A. (Ticker: ASPS), a resource for investors and traders seeking the latest updates and insights on Altisource Portfolio Solutions S.A..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Altisource Portfolio Solutions S.A.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Altisource Portfolio Solutions S.A.'s position in the market.

Rhea-AI Summary
Altisource Portfolio Solutions S.A. reported financial results for Q4 and full year 2023, highlighting improved Adjusted EBITDA and reduced losses. Despite market challenges, Service revenue remained steady. The Company aims for growth in 2024 with forecasted Service revenue of $155-180 million and Adjusted EBITDA of $17.5-22.5 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
earnings
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Rhea-AI Summary
Altisource Portfolio Solutions S.A. (ASPS) subsidiary Lenders One Cooperative hosts its annual L1 Summit in Los Angeles, adding 39 new members and enhancing direct solutions. The event focuses on industry insights, networking, and new offerings to help members compete in the mortgage market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
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none
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Rhea-AI Summary
Altisource Portfolio Solutions S.A. will report earnings for Q4 and full year 2023 on March 7, 2024. A press release, presentation, and conference call will be available on the company's website. Investors can listen to the call live and access a replay on the website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.48%
Tags
earnings
Rhea-AI Summary
Altisource Portfolio Solutions S.A. announces that its technology businesses Hubzu, Equator, and RentRange have been honored by HousingWire in the HW TECH100 Real Estate list for 2024, showcasing their innovation in the real estate sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.19%
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none
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Rhea-AI Summary
Altisource Portfolio Solutions S.A. (ASPS) announces the addition of 29 new member companies to Lenders One Cooperative in 2023, amidst a challenging mortgage origination environment. The cooperative's mission is to help members maximize revenue, reduce loan manufacturing costs, and improve decision-making through the sharing of best practices. Lenders One offers solutions such as credit, flood, fraud, verifications, and quality control to lower origination costs and improve profitability for its members.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.23%
Tags
none
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Rhea-AI Summary
Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) announces the expansion of its collaboration with NCST to offer affordable single-family homes through Hubzu, promoting community wealth and racial equity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Summary
Altisource Portfolio Solutions reported financial results for Q3 2023, with a $4.4 million improvement in Adjusted EBITDA compared to Q2 2023 and a $7.3 million improvement compared to Q3 2022. The company generated $18.4 million in net proceeds from the sale of equity and used $10 million to reduce the principal balance of their term loan. Altisource is optimistic about future opportunities and expects positive adjusted EBITDA in Q4 and attractive growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.32%
Tags
earnings
-
Rhea-AI Summary
Altisource Portfolio Solutions S.A. will report earnings for the third quarter 2023 on October 26, 2023. A press release, presentation, and conference call will be available on Altisource's website. The call will discuss the company's third quarter 2023 results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.86%
Tags
earnings
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Rhea-AI Summary
Altisource to serve as REO asset manager for Celink's reverse mortgage portfolio
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.78%
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none
Rhea-AI Summary
Altisource announces repayment of $10 million of senior secured term loan using proceeds from recent public offering of common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
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none
Altisource Portfolio Solutions S.A.

Nasdaq:ASPS

ASPS Rankings

ASPS Stock Data

51.81M
13.27M
33.52%
45.51%
3.8%
Real Estate Credit
Finance and Insurance
Link
Luxembourg
Luxembourg City

About ASPS

altisource portfolio solutions s.a. (nasdaq: asps) is an integrated service provider and marketplace for the real estate and mortgage industries. combining operational excellence with a suite of innovative products and technologies, altisource helps solve the demands of the ever-changing market. additional information is available at altisource.com.