Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) is a premier marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries offering both distribution and content. We leverage proprietary business process, vendor and electronic payment management software and behavioral science based analytics to improve outcomes for marketplace participants. Additional information is available at www.altisource.com.
Spotlight:
Altisource #20 on FORTUNE's 100 Fastest Growing Companies List
In its first year of eligibility, Altisource has been ranked #20 on FORTUNE Magazine's 2013 Fastest Growing Companies list. To qualify for the FORTUNE list, a company must be traded on a major U.S. stock exchange and have annualized growth in revenue and EPS (earnings per share) of at least 20 percent over three years. Altisource trades on the NASDAQ, which is the second largest stock exchange in the world. Our performance, as reported by FORTUNE, included:
Revenue Growth: 41% (3-year average)
Profit Growth: 60% (3-year average)
Total Return: 60% (3-year average)
"Recognition on this list of fastest-growing companies is a testament to the dedication and excellence of our employees and the focus we all place on exceeding customer expectations," commented William B. Shepro, Chief Executive Officer of Altisource. "The growth of Altisource reflects our efforts to consistently deliver best-in-class business process solutions, as well as our success in developing and deploying innovative enterprise software that transforms the way our clients do business."
Altisource provides services to some of the most respected organizations in their industries, including one of the nation's largest sub-prime servicers, government agencies and many lenders, servicers, investors, mortgage bankers, credit unions, financial services companies and hedge funds across the country.
We leverage 20 years of servicing and 60 years of debt collection experience to provide services and technologies that span the mortgage lifecycle from origination through REO asset management, in addition to asset recovery and customer relationship management. Our 24 / 7 global operations include more than 8,000 employees.
A variety of industry organizations have recognized Altisource's contributions and featured the company in several annual industry rankings.
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