Advertisement
Singapore markets closed
  • Straits Times Index

    3,410.81
    -29.07 (-0.85%)
     
  • Nikkei

    40,912.37
    -1.28 (-0.00%)
     
  • Hang Seng

    17,799.61
    -228.67 (-1.27%)
     
  • FTSE 100

    8,263.38
    +22.12 (+0.27%)
     
  • Bitcoin USD

    54,467.66
    -3,180.27 (-5.52%)
     
  • CMC Crypto 200

    1,129.96
    -78.73 (-6.51%)
     
  • S&P 500

    5,537.02
    +28.01 (+0.51%)
     
  • Dow

    39,308.00
    -23.90 (-0.06%)
     
  • Nasdaq

    18,188.30
    +159.54 (+0.88%)
     
  • Gold

    2,372.60
    +3.20 (+0.14%)
     
  • Crude Oil

    83.91
    +0.03 (+0.04%)
     
  • 10-Yr Bond

    4.3550
    0.0000 (0.00%)
     
  • FTSE Bursa Malaysia

    1,611.02
    -5.73 (-0.35%)
     
  • Jakarta Composite Index

    7,253.37
    +32.48 (+0.45%)
     
  • PSE Index

    6,492.75
    -14.74 (-0.23%)
     

Velocity Financial: Q1 Earnings Snapshot

WESTLAKE VILLAGE, Calif. (AP) — WESTLAKE VILLAGE, Calif. (AP) — Velocity Financial, Inc. (VEL) on Thursday reported profit of $17.3 million in its first quarter.

The Westlake Village, California-based company said it had profit of 49 cents per share. Earnings, adjusted for non-recurring costs, were 51 cents per share.

The company posted revenue of $29.5 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