Guild Holdings Company (GHLD) Reports Q3 Revenues Miss

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Go back to Guild Holdings Company (GHLD) Reports Q3 Revenues Miss

Guild Holdings Company Reports Third Quarter 2020 Results

December 2, 2020 4:05 PM EST

- Delivered Record Originations of $10 Billion, Representing Year-Over-Year Growth of 41% -
- Net Revenue More Than Doubled Year-Over-Year to $564 Million -
- Net Income Increased Year-Over-Year to $182 Million -
- Adjusted Net Income More Than Tripled Year-Over-Year to $195 Million -

Third Quarter 2020 Highlights Year-over-Year

Closed record origination volume of $10.0 billion, a 41% increase Purchase originations represented $5.0 billion or 50% of overall loan volume Net revenue more than doubled to $563.5 million compared to $217.8 million Significantly grew net income to $182.1 million from $8.5 million... More