Altisource Portfolio Stock Price, News & Analysis

Altisource Portfolio Solutions (NASDAQ: ASPS) has scheduled its second quarter 2025 earnings conference call for Thursday, July 24, 2025 at 8:30 a.m. EDT. The company will release its Q2 2025 earnings report and presentation materials on its website's Investor Relations section prior to the call.

Investors can access the live audio webcast through Altisource's website, with registration recommended at least 15 minutes before the call to set up necessary audio software. A replay will be available online for approximately 30 days after the call.

Altisource Portfolio Solutions (NASDAQ: ASPS) has announced the impact of its recent 1-for-8 share consolidation (reverse stock split) on its publicly traded warrants, effective May 28, 2025. Following the consolidation, the Warrant Exercise Rate decreased from 1.625 to 0.20313, while the Implied Per Share Exercise Price increased from $1.20 to $9.5998. The company has two types of warrants trading on Nasdaq: Cash Exercise Stakeholder Warrants (ASPSZ) and Net Settle Stakeholder Warrants (ASPSW). Warrant holders must now exercise at least five warrants to receive one share of common stock, with no fractional shares being issued. The warrants become exercisable on July 2, 2025, or when the stock's VWAP equals or exceeds $9.5998 for fifteen consecutive trading days.

Altisource Portfolio Solutions (NASDAQ: ASPS) has announced a 1-for-8 reverse stock split effective May 28, 2025. This strategic move aims to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share. Following the consolidation, ASPS's outstanding shares will decrease from approximately 88.9 million to 11.1 million shares. The stock will continue trading under the same symbol with a new CUSIP number. No fractional shares will be issued; instead, shareholders will receive cash payments based on the closing price on May 27, 2025. The consolidation will also proportionally adjust the exercise prices of outstanding warrants and stock options. The measure was approved by the board on March 16 and by shareholders on May 13, 2025.

Altisource Portfolio Solutions (NASDAQ: ASPS) has received shareholder approval for a 1-for-8 reverse stock split, scheduled to take effect on May 28, 2025. The consolidation will reduce outstanding shares from 88,951,925 to approximately 11,118,990. The move aims to help Altisource regain compliance with Nasdaq's $1.00 minimum bid price requirement. Shareholders must ensure their holdings are in multiples of eight by market close on May 27, 2025 to avoid fractional shares, which will be redeemed for cash at the closing price on that date. The cash redemption for fractional shares will be distributed to affected shareholders on a pro rata basis without interest.

Altisource Portfolio Solutions (NASDAQ: ASPS) announced that its previously distributed warrants will begin trading on the Nasdaq Global Select Market on May 7, 2025. The company is offering two types of warrants: Cash Exercise Stakeholder Warrants (ticker: ASPSZ) and Net Settle Stakeholder Warrants (ticker: ASPSW).

Each warrant allows holders to purchase 1.625 shares of common stock at an exercise price of $1.95 per warrant ($1.20 per share). The warrants can be exercised starting July 2, 2025, or when the stock's VWAP equals/exceeds $1.20 for 15 consecutive trading days. The Cash Exercise warrants expire on April 2, 2029, while the Net Settle warrants expire on April 30, 2032.

Altisource Portfolio Solutions (NASDAQ: ASPS) reported strong Q1 2025 financial results, with service revenue increasing 11% to $40.9 million and Adjusted EBITDA growing 14% to $5.3 million compared to Q1 2024. The company completed a significant debt exchange transaction in February 2025, exchanging $232.8 million in senior secured term loans for a $160 million new first lien loan and issuing approximately 58.2 million common shares. This restructuring reduces annual cash and PIK interest by about $18 million to $13 million. The company's performance was driven by stronger foreclosure starts, sales wins, and growth in their Renovation Business. Business segments showed improved Adjusted EBITDA of $12.5 million (30.5% of Service revenue). The company ended Q1 with $30.8 million in cash and secured a new $12.5 million super senior credit facility.

Altisource Portfolio Solutions (NASDAQ: ASPS) has scheduled its first quarter 2025 earnings conference call for Thursday, May 1, 2025, at 8:30 a.m. EDT. The company will release its Q1 2025 financial results and presentation materials on its website's Investor Relations section before the call.

Key Details:

• Date: Thursday, May 1, 2025
• Time: 8:30 a.m. EDT
• Access: Live audio webcast via Investor Relations website
• Requirements: Participants should register 15 minutes early and install necessary audio software
• Replay: Available online approximately 2 hours after the call for 30 days

Altisource Portfolio Solutions (NASDAQ: ASPS) has announced April 3, 2025, as the distribution date for its previously disclosed Stakeholder Warrants. The distribution will occur following the satisfaction of all required conditions, including shareholder approval.

The company will issue two types of warrants to eligible stakeholders who held positions as of February 14, 2025: Cash Exercise Stakeholder Warrants and Net Settle Stakeholder Warrants. Each stakeholder will receive one of each warrant type to purchase 1.625 shares of Common Stock for every share, RSU, or Penny Warrant held.

The warrants have an exercise price of $1.95 per warrant ($1.20 per share). Cash Exercise Warrants will expire on April 2, 2029, while Net Settle Warrants will expire on April 30, 2032. The company has applied to list these warrants on Nasdaq under symbols ASPSZ and ASPSW respectively.

Hubzu, an Altisource business unit and online real estate auction marketplace, has expanded into the commercial real estate market. The platform leverages its experience in residential auctions to provide solutions for commercial property transactions.

The expansion is strengthened through a collaboration with the Birdsey Group, a commercial underwriting and due diligence services provider. Hubzu's platform, with over 2.6 million registered users, offers nationwide reach and simplified selling processes for property owners.

Key features include:

• Customizable marketing listings and efficient transaction tools for sellers
• Comprehensive property listings covering office, retail, multifamily, and industrial facilities
• Transparent bidding process with real-time updates
• Online due diligence capabilities through property-specific data vaults