
Overview
Altisource Q2 service revenue up 11% yr/yr, driven by favorable market conditions
Adjusted EBITDA rises 19% yr/yr, reflecting improved operational efficiency
On May 28, 2025, co implemented 1-for-8 reverse stock split, reducing shares outstanding
Result Drivers
LOW DELINQUENCY ENVIRONMENT - Altisource grew service revenue and adjusted EBITDA in a historically low delinquency environment
COST DISCIPLINE - Improved financial metrics attributed to cost discipline and lower interest expenses
TAX RESERVE REVERSAL - $9.6 mln reversal of tax reserves related to India operations boosted net income
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Adjusted EPS |
| $0.19 |
|
Q2 EPS |
| $1.48 |
|
Q2 Adjusted Net Income |
| $2.17 mln |
|
Q2 Adjusted EBITDA |
| $5.38 mln |
|
Q2 Adjusted Operating Income |
| $5.44 mln |
|
Q2 Adjusted Pretax Profit |
| $2.79 mln |
|
Press Release: ID:nGNX625gBM