WESTLAKE VILLAGE, Calif. (AP) — WESTLAKE VILLAGE, Calif. (AP) — Velocity Financial, Inc. (VEL) on Thursday reported profit of $17.3 million in its first quarter.
The Westlake Village, California-based company said it had profit of 49 cents per share. Earnings, adjusted for non-recurring costs, were 51 cents per share.
The company posted revenue of $29.5 million in the period.
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