The company reported “adjusted revenue” of $299 million, below the $299.7 million estimate of one analyst. Its loan origination volume decreased 5% to $7.66 billion from the prior quarter. Its adjusted EBITDA was $14 million, compared to adjusted EBITDA of $29 million in the prior quarter.
Peter J. Brennan is the Editor-in-Chief at the Orange County Business Journal. With four decades of experience in journalism, he focuses on business and economics, covering topics such as local economy, capital markets, corporate finance, and health news. His work has been featured in prestigious publications like The New York Times and The Washington Post, and he has appeared on major networks including CNN and Bloomberg TV.
