Finance of America (FOA) Misses Q2 EPS by 14c

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Finance of America Reports Second Quarter 2023 Results

August 8, 2023 4:05 PM EDT

Completed the sale of majority stake of Lender Services platform

Completed the sale of Title Insurance business effective July 3

Finished the first half of 2023 with 39% share of HECM Reverse market(1)

PLANO, Texas--(BUSINESS WIRE)-- Finance of America Companies Inc. (Finance of America or the Company) (NYSE: FOA), a modern retirement solutions platform, reported financial results for the quarter ended June 30, 2023.

Second Quarter 2023 Highlights

Net loss from continuing operations of $221 million primarily due to non-cash,... More