{"schema_version":"secwatch.filing_event.v1","accession":"0001462418-22-000048","form_type":"8-K","ticker":"ASPS","cik":"0001462418","company_name":"ALTISOURCE PORTFOLIO SOLUTIONS S.A.","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.736130+00:00","generated_at":"2026-06-22T08:44:57.549277+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Altisource Q3 net loss narrows to $0.89/share; revenue down 13% YoY to $36.3M","bullets":["Net loss of $14.4M ($0.89 diluted loss) vs $18.3M ($1.15) in Q3 2021; adjusted net loss $11.3M ($0.70).","Service revenue $36.3M, down 13% YoY; Adjusted EBITDA loss improved to $6.5M from $7.6M.","Ended Q3 with $63.8M cash, up 75% YoY; net debt $183.4M, down 21%.","Servicer & Real Estate segment adjusted EBITDA up 45% YoY on 14% service revenue growth; Origination segment had $10M annualized sales wins.","Industry foreclosures initiations up 271% YoY but still 51% below pre-COVID; mortgage originations forecast down 55%."],"urls":{"canonical":"https://secwatch.observer/filing/0001462418-22-000048","json":"https://secwatch.observer/filing/0001462418-22-000048.json","markdown":"https://secwatch.observer/filing/0001462418-22-000048.md","text":"https://secwatch.observer/filing/0001462418-22-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1462418/000146241822000048/0001462418-22-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1462418/000146241822000048/asps-20221103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T08:44:57.549277+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a2eb150e97cd025b043a51ceba330d45ef5634a2","claim":"ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported third quarter 2022 results: revenue $36.3 million, net income $(14.4) million, or $(0.89) per diluted share, EPS $(0.89) per diluted share.","evidence_excerpt":"are forecasted to be 55% lower for the three months ended September 30, 2022, compared to the same period in 2021 (4) Third Quarter 2022 Financial Results • Service revenue of $36.3 million • Gross profit of $4.0 million, representing 11% of service revenue • Loss before income taxes and non-controlling interests of $(14.5) million • Adjusted pre-tax loss","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462418/000146241822000048/0001462418-22-000048-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2022"},{"label":"Revenue","value":"$36.3 million"},{"label":"Net income","value":"$(14.4) million, or $(0.89) per diluted share"},{"label":"EPS","value":"$(0.89) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}