Altisource Portfolio Solutions (Nasdaq: ASPS) reported earnings on July 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Altisource Portfolio Solutions beat expectations on revenues and missed slightly on earnings per share.

Compared to the prior-year quarter, revenue expanded significantly. GAAP earnings per share grew.

Gross margins increased, operating margins dropped, net margins shrank.

Revenue details
Altisource Portfolio Solutions booked revenue of $186.1 million. The two analysts polled by S&P Capital IQ expected net sales of $178.7 million on the same basis. GAAP reported sales were 29% higher than the prior-year quarter's $144.2 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $1.25. The two earnings estimates compiled by S&P Capital IQ predicted $1.27 per share. GAAP EPS of $1.25 for Q2 were 11% higher than the prior-year quarter's $1.13 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 49.7%, much better than the prior-year quarter. Operating margin was 21.1%, 140 basis points worse than the prior-year quarter. Net margin was 16.6%, 290 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $210.7 million. On the bottom line, the average EPS estimate is $1.57.

Next year's average estimate for revenue is $764.8 million. The average EPS estimate is $5.80.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 46 members out of 52 rating the stock outperform, and six members rating it underperform. Among 11 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 11 give Altisource Portfolio Solutions a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Altisource Portfolio Solutions is outperform, with an average price target of $97.00.