Rocket Companies (RKT) Tops Q2 EPS by 2c

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Go back to Rocket Companies (RKT) Tops Q2 EPS by 2c

Rocket Companies Announces Second Quarter 2023 Results

August 3, 2023 4:05 PM EDT

Rocket Companies appoints Varun Krishna as Chief Executive Officer of Rocket Companies and Rocket MortgageGenerated Q2'23 net revenue of $1.236 billion and adjusted revenue of $1.002 billion. Adjusted revenue exceeded the high end of guidance rangeReported net income of $139 million, or $0.05 per diluted shareAnticipated annualized cost savings of $150 million to $200 million through prioritization and cost reduction measures, as part of ongoing company-wide focus on... More