Overview
Luxembourg real estate service provider's Q4 service revenue rose 4% yr/yr
Adjusted EBITDA for Q4 fell 15% yr/yr
Company forecasts 2026 service revenue growth of 8.5% at midpoint
Outlook
Altisource forecasts 2026 Service revenue between $165 mln and $185 mln
Company expects 2026 Adjusted EBITDA of $15 mln to $20 mln
Altisource anticipates positive operating cash flow in 2026
Result Drivers
SALES WINS - Altisource reported strong Q4 sales wins, expected to generate $13.2 mln in annual revenue, diversifying its revenue base
INVENTORY GROWTH - Significant growth in Hubzu foreclosure auction and REO inventory contributed to Q4 revenue increase
PRODUCT MIX - Adjusted EBITDA margin decreased due to product mix changes
Company press release: ID:nGNXbqcvTd
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
$0.11
Q4 EPS
-$0.66
Q4 Adjusted Net Income
$1.26 mln
Q4 Adjusted EBITDA
$4.05 mln
Q4 Adjusted Operating Income
$3.79 mln
Q4 Adjusted Pretax Profit
$2.25 mln
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)