share_log

8-K: Better Home & Finance Holding Company Announces First Quarter 2024 Results

8-K: Better Home & Finance Holding Company Announces First Quarter 2024 Results

8-K:Better Home & Finance 控股公司公佈2024年第一季度業績
美股SEC公告 ·  05/14 04:40

牛牛AI助理已提取核心訊息

On May 13, 2024, Better Home & Finance Holding Company, also known as Better, filed a current report on Form 8-K with the SEC, announcing its financial results for the first quarter ended March 31, 2024. The Delaware-incorporated company, listed on the Nasdaq with the trading symbols BETR for its Class A common stock and BETRW for its warrants, reported a strong quarter with a 25% increase in funded loan volume and a 26% increase in revenue compared to the previous quarter. Despite these gains, the company posted a net loss of $51 million, consistent with the loss reported in the previous quarter. The company ended the quarter with $509 million in cash, restricted cash, and short-term investments. Better emphasized its strategic investments in its proprietary technology...Show More
On May 13, 2024, Better Home & Finance Holding Company, also known as Better, filed a current report on Form 8-K with the SEC, announcing its financial results for the first quarter ended March 31, 2024. The Delaware-incorporated company, listed on the Nasdaq with the trading symbols BETR for its Class A common stock and BETRW for its warrants, reported a strong quarter with a 25% increase in funded loan volume and a 26% increase in revenue compared to the previous quarter. Despite these gains, the company posted a net loss of $51 million, consistent with the loss reported in the previous quarter. The company ended the quarter with $509 million in cash, restricted cash, and short-term investments. Better emphasized its strategic investments in its proprietary technology platform, Tinman™, to improve mortgage fulfillment efficiency and its focus on managing towards profitability through improved technology efficiency and corporate cost reductions. The company's CEO, Vishal Garg, expressed optimism about the growth opportunities in the home equity market and the demand from new homebuyers. The report also highlighted the launch of Better Home Equity Loan and the hiring of mortgage industry veteran Chad Smith as President and COO of Better Mortgage Corporation. The financial data presented in the report is preliminary and subject to revision upon filing the company's Quarterly Report on Form 10-Q with the SEC.
2024年5月13日,Better Home & Finance Holding Company(又名Better)向美國證券交易委員會提交了最新的8-K表報告,公佈了截至2024年3月31日的第一季度財務業績。這家在特拉華州註冊成立的公司在納斯達克上市,其A類普通股的交易代碼爲BETR,認股權證的交易代碼爲BETR。該公司報告稱,本季度表現強勁,融資貸款量增長了25%,收入與上一季度相比增長了26%。儘管取得了這些收益,但該公司公佈的淨虧損爲5100萬美元,與上一季度公佈的虧損持平。該公司在本季度末擁有5.09億美元的現金、限制性現金和短期投資。Better強調了其對專有技術平台Tinman...展開全部
2024年5月13日,Better Home & Finance Holding Company(又名Better)向美國證券交易委員會提交了最新的8-K表報告,公佈了截至2024年3月31日的第一季度財務業績。這家在特拉華州註冊成立的公司在納斯達克上市,其A類普通股的交易代碼爲BETR,認股權證的交易代碼爲BETR。該公司報告稱,本季度表現強勁,融資貸款量增長了25%,收入與上一季度相比增長了26%。儘管取得了這些收益,但該公司公佈的淨虧損爲5100萬美元,與上一季度公佈的虧損持平。該公司在本季度末擁有5.09億美元的現金、限制性現金和短期投資。Better強調了其對專有技術平台Tinman™ 的戰略投資,該平台旨在提高抵押貸款履行效率,並着重通過提高技術效率和降低企業成本來實現盈利。該公司首席執行官維沙爾·加爾格對房屋淨值市場的增長機會和新購房者的需求表示樂觀。該報告還重點介紹了Better Home Equity Loan的推出以及聘請抵押貸款行業資深人士查德·史密斯擔任Better Mortgage Corporation總裁兼首席運營官的情況。報告中提供的財務數據是初步的,在向美國證券交易委員會提交公司10-Q表季度報告後,可能會進行修改。

譯文內容由第三人軟體翻譯。


牛牛AI助手部分由第三方人工智慧模型基於資訊內容自動產生。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。