Brief: Altisource posts Q4 adjusted earnings per share $0.55

Altisource Portfolio Solutions SA

16/02/2017 13:35

Feb 16 (Reuters) - Altisource Portfolio Solutions Sa 
 ASPS.O  
    * 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 
 
Source text for Eikon:  ID:nGNXNQFNNa  
Further company coverage:  ASPS.O  
 
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