Altisource announces preliminary july 2023 financial results, a status update on the july 2023 cost reduction plan, guidance for the second half of 2023, and an updated run-rate scenario

Luxembourg, sept. 07, 2023 (globe newswire) -- altisource portfolio solutions s.a. (“altisource” or the “company”) (nasdaq: asps), a leading provider and marketplace for the real estate and mortgage industries, today announced certain preliminary unaudited financial results for july 2023, a status update on the july 2023 cost reduction plan, updated guidance for adjusted earnings before interest, tax, depreciation and amortization (“adjusted ebitda”) for the second half of 2023, and an updated run-rate scenario.
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