Luxembourg's Altisource Q1 service revenue rises on origination segment growth

Altisource Portfolio Solutions SA

23/04/2026 12:16

Overview

Luxembourg real estate and mortgage services firm's Q1 service revenue rose 10% yr/yr

Q1 adjusted diluted EPS improved to $0.19 from a loss last year

Adjusted EBITDA for Q1 fell 15% yr/yr due to revenue mix

Outlook

Company did not provide specific financial guidance for the current or future periods in its press release

Result Drivers

ORIGINATION SEGMENT GROWTH - Service revenue in the Origination segment rose 71% yr/yr, driven by sales wins and a stronger origination market

SALES WINS AND INVENTORY - Increased Hubzu inventory and new sales wins in Title and Foreclosure Trustee businesses supported Servicer and Real Estate segment performance

LOWER INTEREST AND TRANSACTION COSTS - Reduced debt-related interest and transaction costs contributed to improved pretax earnings and operating cash flow

Company press release: ID:nGNX7VXBh2

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
Beat
$0.19
$0.18 (1 Analyst)
Q1 EPS
-$0.06
Q1 Adjusted Net Income
Beat
$2.14 mln
$2 mln (1 Analyst)
Q1 Adjusted EBITDA
$4.45 mln
Q1 Adjusted Operating Income
Beat
$4.41 mln
$1.40 mln (1 Analyst)
Q1 Adjusted Pretax Profit
$2.94 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

Wall Street's median 12-month price target for Altisource Portfolio Solutions SA is $8.00, about 22.7% above its April 22 closing price of $6.52

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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.)