secwatch.observer — SEC 8-K summary
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Issuer:     ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)
CIK:        0001462418
Form:       8-K
Filed at:   2026-07-23T11:04:57+00:00
Accession:  0001462418-26-000047
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altisource Q2 service revenue up 19% to $48.7M; net loss $0.6M, adjusted EBITDA $4.4M
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- Service revenue $48.7M (+19% YoY); gross profit margin 26% vs 32% in Q2 2025.
- Net loss attributable to Altisource $0.6M vs $16.6M income in Q2 2025 (prior year had $18.5M tax benefit).
- Adjusted EBITDA $4.4M (9% margin) vs $5.4M (13% margin) in Q2 2025; down 18% YoY.
- Repurchased $2.0M of debt at 23.7% discount, recognizing $0.7M gain on extinguishment.
- Hubzu inventory grew 30% from Q1 2026; sales wins estimated $12.3M annualized revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462418/000146241826000047/0001462418-26-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462418/000146241826000047/asps-20260723.htm
  HTML page:      https://secwatch.observer/filing/0001462418-26-000047

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