Reports Q4 revenue $1.77B, consensus $6.02B. “2024 was a foundational year for the next chapter of Rocket. We expanded our purchase market share, drove significant operating leverage, and continued building the future of homeownership. I am proud of our team’s strong execution which delivered $4.9 billion in adjusted revenue, a 30% year-over-year increase – demonstrating the power of our AI-driven platform” said Varun Krishna, CEO and Director of Rocket Companies (RKT). “We have momentum heading into 2025 with the launch of our unified Rocket brand and Rocket.com platform. We’re well-positioned to help even more Americans find their path to homeownership.”
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Read More on RKT:
- Notable companies reporting after market close
- CFPB reportedly drops suits against Capital One, Rocket affiliate
- Rocket Companies call volume above normal and directionally bullish
- Unusually active option classes on open February 25th
- Needham financial technology analysts hold an analyst/industry conference call
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