Altisource Portfolio Solutions S.A. (ASPS) Q1 2025 Earnings Call Transcript

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) Q1 2025 Earnings Conference Call May 1, 2025 8:30 AM ET

Company Participants

Michelle Esterman – CFO
Bill Shepro – Chairman & CEO

Conference Call Participants

Operator

Good day, and welcome to the Altisource Portfolio Solutions First Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions]. Please be advised that today’s conference is being recorded.

I would now like to hand the conference over to your speaker, Michelle Esterman, Chief Financial Officer. Please go ahead.

Michelle Esterman

Thank you, Operator.

We first want to remind you that the earnings release and quarterly slides are available on our website at www.altisource.com. These provide additional information investors may find useful.

Our remarks today include forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ. Please review the forward-looking statements section in the company’s earnings release and quarterly slides as well as the Risk Factors contained in our 2024 Form 10-K and first quarter 2025 10-Q. These describe some factors that may lead to different results. We undertake no obligation to update statements, financial scenarios or projections previously provided or provided herein as a result of a change in circumstances, new information or future events.

During this call, we will present both GAAP and non-GAAP financial measures. In our earnings release and quarterly slides, you will find additional disclosures regarding the non-GAAP measures. A reconciliation of GAAP to non-GAAP measures is included in the appendix to the quarterly slides.

Joining me for today’s call is Bill Shepro, our Chairman and Chief Executive Officer. I’ll now turn the call over to Bill.

Bill Shepro

Thanks, Michelle, and good morning.

I’ll begin on Slide 4. We’re pleased