Altisource reports Q4 adjusted EPS (18c) vs (37c) last year

Reports Q4 revenue $41.013M vs $34.157M last year. “I am pleased with our full year and fourth quarter 2024 performance as we continue to improve our financial results and win new business. In the face of serious market headwinds for both Business Segments, we had strong performance improvements across the board. For the year, we grew total Company Service revenue by 10% and Adjusted EBITDA by $18.3 million, compared to 2023. In February 2025, we executed an exchange and maturity extension transaction with our lenders, significantly strengthening our balance sheet and reducing interest expense,” said Chairman and Chief Executive Officer William B. Shepro.