secwatch.observer — SEC 8-K summary
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Issuer:     loanDepot, Inc. (LDI)
CIK:        0001831631
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001831631-23-000255
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

loanDepot Q2 net loss narrows to $49.8M; revenue up 31% sequentially
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- Revenue $271.8M, up 31% from Q1; net loss narrowed 46% to $49.8M from $91.7M.
- Adjusted net loss $34.3M vs $60.2M in Q1; diluted EPS loss $0.13 vs $0.25.
- Gain on sale margin improved to 2.75% (pull-through weighted 2.85%) from 2.43% in Q1.
- Cash balance $719.1M; company maintains strong liquidity.
- Origination volume $6.27B, up 27% from Q1; pull-through weighted lock volume $6.06B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831631/000183163123000255/0001831631-23-000255-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831631/000183163123000255/ldi-20230808.htm
  HTML page:      https://secwatch.observer/filing/0001831631-23-000255

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