Altisource Portfolio Solutions (NASDAQ:ASPS) Announces Quarterly Earnings Results

Posted by Geri Gentry on Oct 29th, 2026

Altisource Portfolio Solutions (NASDAQ:ASPS – Get Free Report) issued its quarterly earnings data on Thursday. The business services provider reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.05), FiscalAI reports. Altisource Portfolio Solutions had a negative net margin of 5.93% and a negative return on equity of 1.69%.

Here are the key takeaways from Altisource Portfolio Solutions’ conference call:

Third-quarter service revenue rose 26% year over year to $49.8 million, while Adjusted EBITDA increased 17% to $4.3 million; adjusted EPS grew 30% to $0.13.
Recent customer wins continued to ramp, with a weighted average estimated pipeline of $12.8 million in annualized stabilized revenue in Servicer and Real Estate and $18.5 million in Origination, supporting management’s expectation for further growth.
Hubzu inventory more than quadrupled year over year to 26,000 assets, and home transactions increased to 789 from 583 a year ago, potentially supporting future sales and revenue as inventory seasons.
Revenue diversification improved significantly, with customers outside Onity, Rithm, and associated portfolios contributing 72% of service revenue versus 46% a year earlier; management also expects AI, automation, and stable corporate costs to drive operating leverage.
Consolidated margins declined amid unfavorable revenue mix, customer implementation investments, and the wind-down of certain Rithm-related business, while mortgage origination volumes fell 6% year over year; management expects margin improvement as new business matures.

Altisource Portfolio Solutions Trading Down 4.5%

Shares of ASPS stock traded down $0.25 on Thursday, hitting $5.40. 5,085 shares of the stock were exchanged, compared to its average volume of 22,401. The firm has a market capitalization of $61.62 million, a P/E ratio of -5.45 and a beta of 0.19. The business has a 50-day moving average of $5.71 and a 200 day moving average of $6.18. Altisource Portfolio Solutions has a fifty-two week low of $4.30 and a fifty-two week high of $10.40.

Insider Transactions at Altisource Portfolio Solutions

In other news, major shareholder Benefit Street Partners Llc bought 48,991 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was acquired at an average cost of $5.78 per share, with a total value of $283,167.98. Following the completion of the purchase, the insider owned 1,803,045 shares of the company’s stock, valued at $10,421,600.10. This represents a 2.79% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. In the last quarter, insiders have acquired 52,000 shares of company stock valued at $299,847. 19.07% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Zacks Research raised shares of Altisource Portfolio Solutions from a “strong sell” rating to a “hold” rating in a report on Monday, September 21st. Weiss Ratings raised shares of Altisource Portfolio Solutions from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $8.00.

Read Our Latest Analysis on ASPS

Altisource Portfolio Solutions Company Profile

(Get Free Report)

Altisource Portfolio Solutions SA (NASDAQ:ASPS) is a technology and services company that supports the mortgage and real estate industries. It provides software, marketplaces and related services designed to help mortgage lenders, servicers, investors and other participants manage loans, properties and real estate transactions.

The company’s offerings have included Hubzu, an online marketplace for buying and selling residential and commercial properties, along with platforms and services for asset management, property preservation, valuation, real estate brokerage and other mortgage-related processes.