Net Loss news and trends

LoanDepot Posts Loss, but Origination Volume Up 27% from Q1
Earnings // August 08, 2023

Mortgage company loanDepot released its second-quarter earnings Wednesday and saw a seasonal bump in loan originations. On Wednesday, July 7, loanDepot posted a quarterly loss of $0.19 per share, which was 35.71% less than the Zacks Consensus Estimate of a loss of $0.14. Although the...

Quick Reads
Robinhood Plans Crypto Trading Expansion in Europe

November 07, 2023
In its third-quarter earnings call on Tuesday (Nov. 7), cryptocurrency investment platform Robinhood said it would be expanding its crypto trading offerings. The company plans to launch crypto trading in the European Union (EU) following its successful U.K. launch “in the coming weeks.” This expansion into international markets is part of Robinhood’s strategy to gain market […]

LoanDepot Posts Loss, but Origination Volume Up 27% from Q1

August 08, 2023
Mortgage company loanDepot released its second-quarter earnings Wednesday and saw a seasonal bump in loan originations. On Wednesday, July 7, loanDepot posted a quarterly loss of $0.19 per share, which...