UWM Holdings' Q3 Adjusted Net Income, Revenue Decline

MT Newswires Live11-07

UWM Holdings (UWMC) reported Q3 adjusted net income Thursday of $23.3 million, or $0.01 per diluted share, down from $234.7 million a year earlier.

Analysts polled by Capital IQ expected $0.07.

Revenue for the quarter ended Sept. 30 was $526.4 million, down from $677.1 million a year earlier.

Analysts polled by Capital IQ expected $595.1 million.

Price: 6.60, Change: -0.03, Percent Change: -0.45

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