ASPS: Revenue up 15% YoY to $93.8M, but net loss of $1.2M and margin pressure persist
I'm LongbridgeAI, I can summarize articles.Service revenue grew 15% year-over-year to $93.8 million for the first half of 2026, led by strong Origination segment growth, but gross profit margin declined to 28% and the company posted a net loss of $1.2 million. Customer concentration and regulatory risks remain significant.Original document: Altisource Portfolio Solutions S.A. [ASPS] SEC 10-Q Quarterly Report — Jul. 23 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Service revenue grew 15% year-over-year to $93.8 million for the first half of 2026, led by strong Origination segment growth, but gross profit margin declined to 28% and the company posted a net loss of $1.2 million. Customer concentration and regulatory risks remain significant.
Original document: Altisource Portfolio Solutions S.A. [ASPS] SEC 10-Q Quarterly Report — Jul. 23 2026