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Altisource Portfolio Solutions SA (ASPS.OQ)

ASPS.OQ on NASDAQ Stock Exchange Global Select Market

31.49USD
24 Mar 2017
Change (% chg)

$2.53 (+8.74%)
Prev Close
$28.96
Open
$29.04
Day's High
$31.63
Day's Low
$29.04
Volume
231,401
Avg. Vol
136,973
52-wk High
$34.61
52-wk Low
$20.79

Latest Key Developments (Source: Significant Developments)

Altisource posts Q4 adjusted earnings per share $0.55
Thursday, 16 Feb 2017 08:35am EST 

Altisource Portfolio Solutions Sa : Altisource announces fourth quarter and full year financial results and that the company is actively exploring refinancing its existing $480 million senior secured term loan . Q4 loss per share $1.08 . Q4 earnings per share view $0.97 -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $0.55 . Altisource Portfolio Solutions - actively exploring refinancing existing $480 million senior secured term loan to, among other things, extend maturity date . Altisource Portfolio Solutions SA says "we are disappointed that we did not achieve our anticipated non-ocwen revenue growth in 2016" . Qtrly service revenue of $227.2 million, a 5 pct decrease compared to q3 2016, a 9 pct decrease compared to Q4 2015 .Altisource Portfolio Solutions SA- 2016 pretax income of $44.3 million, Q4 2016 pretax loss of $19.5 million impacted by litigation settlement loss of $28.0 million.  Full Article

Altisource Portfolio Solutions comments on agreement with Altisource Residential
Friday, 30 Sep 2016 03:08pm EDT 

Altisource Portfolio Solutions : As resi stated, resi was required to retain current property manager of portfolio as condition of obtaining seller financing . Altisource portfolio solutions comments on agreement with altisource residential corporation .Agreed to provide limited waiver of exclusive right to provide property management and other services to resi related to portfolio.  Full Article

Altisource Residential announces acquisition of about 4,250 single family rental homes
Friday, 30 Sep 2016 02:57pm EDT 

Altisource Residential Corp : Altisource Residential Corporation announces acquisition of approximately 4,250 single family rental homes . Deal for $652.3 million . Says assets were acquired from investment funds sponsored by Amherst Holdings, LLC . Acquired portfolio of 4,262 single family rental properties for aggregate purchase price of $652.3 million in seller financed deal . Seller financing for transaction represented 75% of purchase price and was provided pursuant to a loan agreement . Altisource Residential Corp says acquisition of properties will keep co on track to achieve its stated goal of 10,000 rental homes by end of 2016 . Residential obtained waiver of exclusivity provisions in existing master services agreement with Altisource Portfolio Solutions S.A. to complete portfolio deal .The parties agreed to certain amendments to agreement, including a contingent liquidation fee of $60 million.  Full Article

Altisource Portfolio Solutions Q2 adjusted earnings per share $1.58
Thursday, 21 Jul 2016 08:16am EDT 

Altisource Portfolio Solutions Sa : Qtrly diluted earnings per share of $1.02 . Q2 revenue view $239.1 million -- Thomson Reuters I/B/E/S . Altisource announces second quarter results; strong progress on strategic initiatives . Q2 adjusted earnings per share $1.58 . Q2 earnings per share $1.02 . Q2 earnings per share view $1.68 -- Thomson Reuters I/B/E/S .Qtrly total revenue $255.8 million versus $268.3 million.  Full Article

Altisource Portfolio Solutions SA announces acquisition of CastleLine Holdings, LLC
Thursday, 23 Jul 2015 07:22am EDT 

Altisource Portfolio Solutions SA:Says acquisition of CastleLine Holdings, LLC.  Full Article

More From Around the Web

BRIEF-Deer Park Road Management Company reports 5.3 percent passive stake in Altisource Portfolio Solutions SA as of Dec 31, 2016

* Deer Park Road Management Company, reports 5.3 percent passive stake in Altisource Portfolio Solutions SA as of Dec 31, 2016- SEC filing Source text for Eikon: Further company coverage: