-+ 0.00%
-+ 0.00%
-+ 0.00%
Velocity Financial: Q3 Earnings Snapshot
Share
Listen to the news

WESTLAKE VILLAGE, Calif. (AP) — WESTLAKE VILLAGE, Calif. (AP) — Velocity Financial, Inc. (VEL) on Wednesday reported net income of $26.4 million in its third quarter.

The Westlake Village, California-based company said it had profit of 67 cents per share. Earnings, adjusted for non-recurring costs, came to 76 cents per share.

The company posted revenue of $53.5 million in the period.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VEL at https://www.zacks.com/ap/VEL

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending