secwatch.observer — SEC 8-K summary
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Issuer:     ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)
CIK:        0001462418
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001462418-26-000032
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altisource Q1 service revenue $45.1M (+10% YoY); net loss narrows to $0.6M
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- Service revenue $45.1M (+10% YoY); gross profit $13.1M, margin 29% (down from 33%).
- Net loss attributable to Altisource $0.6M vs $5.3M loss YoY; diluted EPS ($0.06) vs ($0.74).
- Adjusted diluted EPS $0.19 vs ($0.02) YoY; Adjusted EBITDA $4.4M (-15% YoY).
- Hubzu foreclosure inventory tripled to 17,200 homes since Sep 2025; sales wins $12.4M potential annual revenue.
- Cash from operations $4.5M vs ($5.0M) YoY; cash balance $30.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462418/000146241826000032/0001462418-26-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462418/000146241826000032/asps-20260423.htm
  HTML page:      https://secwatch.observer/filing/0001462418-26-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer