secwatch.observer — SEC 8-K summary
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Issuer:     Rocket Companies, Inc. (RKT)
CIK:        0001805284
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001805284-22-000272
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rocket Companies Q3 net revenue falls 58% YoY to $1.3B; posts adjusted net loss
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- Net revenue $1.295B, down 58% from $3.115B in Q3 2021; GAAP net income $96M vs $1.393B.
- Adjusted net loss $166M, adjusted EBITDA loss $160M; adjusted diluted EPS loss $0.08.
- Board approved renewal of $1B share repurchase program, effective Nov 11, 2022, for two years.
- Rocket reached 24 million Rocket Accounts as of Sept 30, 2022; launched Rocket Rewards loyalty program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805284/000180528422000272/0001805284-22-000272-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805284/000180528422000272/rkt-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001805284-22-000272

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