Q2 FY2026 EarningsQ2 FY26 revenue of $50.7M significantly exceeded consensus of $42.9M, driven by a 62% YoY surge in the Origination segment following new sales wins and a stronger mortgage market. However, EBIT of $1.13M missed the $1.5M estimate as gross margins compressed to 26% (from 32% YoY) due to a shift toward lower-margin reseller products in the Lenders One business. GAAP EPS of -$0.05 slightly beat the -$0.06 expectation, aided by a $0.7M gain on early debt extinguishment and reduced interest expenses following recent restructuring.
Overview: Altisource Portfolio(ASPS) the Revenue is 50.66 M (--%), Beat estimate;the EBIT is 1.131 M (--%), Miss estimate;the EPS is -0.05 (--%), Beat estimate.