Recent Updates — ASPSW

Altisource Portfolio Solutions reported third-quarter 2026 results with service revenue increasing 26% year-over-year to $49.8 million, driven by a 96% surge in revenue from customers outside of Onity and Rithm. Adjusted EBITDA rose 17% to $4.3 million, while adjusted diluted earnings per share improved 30% to $0.13. The company recorded a net loss attributable to Altisource of $1.4 million, an improvement of $1.0 million compared to the prior year period. Management highlighted that AI and efficiency initiatives are accelerating product development and supporting its Project 45 goal of reaching $45 million in run-rate Adjusted EBITDA by Q4 2028. Altisource Portfolio Solutions S.A. is an integrated service provider and marketplace for the real estate and mortgage industries.