WESTLAKE VILLAGE, Calif. (AP) — WESTLAKE VILLAGE, Calif. (AP) — Velocity Financial, Inc. (VEL) on Wednesday reported net income of $22.4 million in its first quarter.
The Westlake Village, California-based company said it had profit of 57 cents per share. Earnings, adjusted for non-recurring costs, came to 68 cents per share.
The company posted revenue of $43.9 million in the period.
_____
This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/VEL
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
