Altisource Portfolio Solutions ( (ASPS) ) has released its Q2 earnings. Here is a breakdown of the information Altisource Portfolio Solutions presented to its investors.
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Altisource Portfolio Solutions S.A. is an integrated service provider and marketplace for the real estate and mortgage industries, known for its innovative services and technologies. In the second quarter of 2025, Altisource reported a notable improvement in its financial performance, with significant growth in service revenue and earnings per share compared to the previous year. The company achieved a service revenue of $40.8 million, marking an 11% increase from the same quarter in 2024, and a net income attributable to Altisource of $16.6 million, a substantial improvement from the loss recorded in the previous year. Additionally, the company reported a diluted earnings per share of $1.48, a significant increase from the negative earnings per share in the second quarter of 2024. Altisource’s strategic focus on businesses with growth potential and cost discipline contributed to its improved performance. The company also benefited from a reversal of tax reserves related to its India operations, adding $9.6 million to its earnings. Looking ahead, Altisource’s management remains optimistic about its growth prospects, emphasizing its preparedness to capitalize on potential increases in loan delinquencies and foreclosure activities, which could further enhance its revenue and profitability.