Rocket Companies Q3 net revenue $1.203B; adjusted revenue $1.002B beats guidance

Rocket Companies, Inc.

2023-Q3 EPS reported -$0.06

GAAP net income $115M ($0.04 EPS) vs $96M in Q3 2022; adjusted net income $7M.
Adjusted revenue $1.002B exceeded guidance range high end; total net revenue $1.203B.
Adjusted EBITDA $73M vs $(160)M loss in Q3 2022; total expenses $1.086B.
CEO Varun Krishna highlights AI-driven innovation to disrupt homeownership.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Rocket Companies, Inc. reported third quarter ended September 30, 2023 results: revenue $1.203 billion, net income $115 million, EPS $0.04 per GAAP diluted earnings per share.

Period: third quarter ended September 30, 2023
Revenue: $1.203 billion
Net income: $115 million
EPS: $0.04 per GAAP diluted earnings per share
Result: reported results

Exact text from the filing

Rocket Companies Announces Third Quarter 2023 Results • Generated Q3'23 net revenue of $1.203 billion and adjusted revenue of $1.002 billion. Adjusted revenue exceeded the high end of guidance range • Reported GAAP net income of $115 million, or $0.04 per GAAP diluted earnings per share

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Rocket Companies, Inc. filing history →

Source: SEC EDGAR

accession 0001805284-23-000086

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