loanDepot(LDI) - 2024 Q3 - Quarterly Results
loanDepot(LDI)2024-11-05 21:06
loanDepot announces third quarter 2024 financial results Company achieves profitability on higher volumes, margin growth and productivity Completes Vision 2025 and launches new strategic plan - Project North Star Highlights: • Revenue of $315 million, up 18% compared to the prior year. Adjusted revenue of $329 million, up 26% compared to the prior year. • Company announces Ridgeland Mortgage joint venture with Smith Douglas Homes, expanding loanDepot's network of partnerships with top homebuilders. • Pull-t ...