Earnings ·
Altisource Portfolio Solutions S.A. reported financial results for the second quarter ended June 30, 2026
ASPSAltisource Portfolio Solutions S.A.
Altisource Portfolio Solutions S.A. reported financial results for the second quarter ended June 30, 2026. Service revenue grew 19% year-over-year to $48.7 million. The company reported a net loss attributable to Altisource of $0.6 million and a diluted loss per share of $(0.05), compared to a net benefit of $18.5 million and diluted earnings per share of $1.48 in the same quarter of 2025, primarily due to the absence of a prior-year tax reserve reversal. Adjusted EBITDA was $4.4 million, down 18% from $5.4 million in Q2 2025. The company repurchased $2.0 million of debt at a 23.7% discount, resulting in a $0.7 million gain. Altisource aims to reach a $45 million run rate Adjusted EBITDA by Q4 2028. The company is an integrated service provider and marketplace for the real estate and mortgage industries.