WEST PALM BEACH, Fla. (AP) — WEST PALM BEACH, Fla. (AP) — Onity Group Inc. (ONIT) on Thursday reported net income of $127.2 million in its fourth quarter.
The West Palm Beach, Florida-based company said it had net income of $14.24 per share. Earnings, adjusted for non-recurring gains, were $1.02 per share.
The mortgage servicer posted revenue of $290 million in the period.
For the year, the company reported profit of $189.5 million, or $21.46 per share. Revenue was reported as $1.07 billion.
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