Altisource Portfolio Solutions Expects 2024 Service Revenue of $155M-$180M Vs $172.75M Est
$ASPS
Other Consumer Services
Consumer Discretionary
2024 Financial Guidance
The Company anticipates 2024 Service revenue to be in the range of $155 million to $180 million. The growth in Service revenue compared to 2023 is anticipated to be driven by the conversion of sales wins and pipeline to revenue and price increases for certain services. Adjusted EBITDA is anticipated to be in the range of $17.5 million to $22.5 million. The growth in Adjusted EBITDA(2) compared to 2023 is anticipated to be driven by revenue growth, higher margins in the Business Segments and lower corporate costs.