---
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"
generated_at: "2026-06-22T08:44:57.549277+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Altisource Q3 net loss narrows to $0.89/share; revenue down 13% YoY to $36.3M

## Summary
- 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%.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462418-22-000048
- JSON: https://secwatch.observer/filing/0001462418-22-000048.json
- Plain text: https://secwatch.observer/filing/0001462418-22-000048.txt

## Key facts
- Earnings Releases
  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.
  - Period: third quarter 2022
  - Revenue: $36.3 million
  - Net income: $(14.4) million, or $(0.89) per diluted share
  - EPS: $(0.89) per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1462418/000146241822000048/0001462418-22-000048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.