Onity Group Inc. (ONIT)
Onity Group Inc. (ONIT) is a provider of electronic locking solutions and access control systems for the hospitality, correctional, healthcare, and commercial markets. The company specializes in electronic locks, property management system integrations, and related security products designed to enhance safety and operational efficiency. Onity operates globally, serving hotel chains, correctional facilities, and various commercial clients.
Company News
Altisource Portfolio Solutions reported Q2 2025 earnings with an 11% revenue increase to $43.3 million, driven by a significant one-time tax reserve reversal that turned net income positive to $16.6 million. The company focused on debt reduction, technology solutions, and navigating challenging mortgage industry conditions.