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Shares of Altisource Portfolio (NASDAQ:ASPS) moved higher by 1.8% in pre-market trading after the company reported Q2 results.
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Quarterly Results
Earnings per share were up 9.21% year over year to ($0.69), which missed the estimate of ($0.49).
Revenue of $43,966,000 decreased by 51.69% from the same period last year, which missed the estimate of $54,150,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Altisource Portfolio hasn't issued any revenue guidance for the time being.
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Details Of The Call
Date: Jul 29, 2021
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/6v9y8gmr
Technicals
Company's 52-week high was at $14.97
52-week low: $5.61
Price action over last quarter: Up 35.14%
Company Overview
Altisource Portfolio Solutions SA is an integrated service provider and marketplace for the real estate and mortgage industries. It operates through the following segments: The Mortgage Market segment provides loan servicers and originators with marketplaces, services, and technologies that span the mortgage lifecycle; The Real Estate Market segment provides real estate consumers and rental property investors with marketplaces and services that span the real estate lifecycle; The Other Businesses, Corporate and Eliminations segment includes asset recovery management services and customer relationship management services as well as information technology infrastructure management services.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.