Altisource Q2 2025 net income $16.6M vs loss; service revenue up 11% to $40.8M

ALTISOURCE PORTFOLIO SOLUTIONS S.A.

2025-Q2 EPS reported $1.19 revenue$86,727,000

Service revenue $40.8M (+11% YoY); net income attributable $16.6M vs ($8.3M) loss in Q2 2024.
Adjusted EBITDA $5.4M (+19% YoY); diluted EPS $1.48 vs ($2.33).
Recognized $9.6M reversal of uncertain India tax reserves and $9.0M accrued interest.
Reverse stock split 1-for-8 effective May 28, 2025; shares reduced from 88M to 11M.
Industry foreclosure initiations up 22% YTD through May; mortgage originations up 14%.

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