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Velocity Financial, Inc. reports $10.6 million Q1 profit

By USInMinutes - May 05, 2023, 03:55 PM ET

Last Updated - Jul 18, 2023, 03:37 PM EDT

Velocity Financial, Inc. reports $10.6 million Q1 profit

The company generated $36.30 million in quarterly revenue

Velocity Financial, Inc. [VEL] has reported fiscal Q1 profit of $10.60 million.

On a per-share basis, the DE based company said its diluted earnings are $0.31.

The Finance Services firm posted revenue of $36.30 million in this period.

Also Read:

Velocity Financial, Inc. Reports First Quarter 2023 Results
Velocity Financial, Inc. Announces Date of First Quarter 2023 Financial Results Webcast and Conference Call
Velocity Financial, Inc. Reports Fourth Quarter and Full-Year 2022 Results

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Latest News by Industry

Technology

Show more

Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000

Elastic: Fiscal Q2 Earnings Snapshot

Intuit: Fiscal Q1 Earnings Snapshot

Oil & Gas

Show more

Stock market today: Wall Street rises following last week's slide

What to know about Chris Wright, Trump's choice to run the Energy Department

Trump names fossil fuel executive Chris Wright as energy secretary

Healthcare

Show more

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Stock market today: Wall Street drifts lower as the Trump trade cools

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Manufacturing

Show more

Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000

Nvidia is Wall Street's most valuable company. How it got there, by the numbers

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

Velocity Financial, Inc. reports $10.6 million Q1 profit

The company generated $36.30 million in quarterly revenue

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Velocity Financial, Inc. reports $10.6 million Q1 profit

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