Altisource reports Q3 adjusted EPS 10c vs ($1.83) last year

Reports Q3 revenue $41.908M vs $40.531M last year. “We delivered solid third quarter performance. We grew Service revenue and improved pre-and post-tax GAAP earnings, GAAP earnings per share, and cash flow from operations compared to the third quarter of last year. This is largely from our focus on growing our businesses that have tailwinds, cost discipline and lower interest expense,” said Chairman and Chief Executive Officer William Shepro.