Rocket grows revenue to $6.7B, expands market share in 2025
Rocket Companies Inc. wrapped up 2025 with higher revenues and growing mortgage activity, the company reported Thursday in its fourth-quarter and full-year 2025 earnings report. For the full year, Rocket reported total revenue of $6.7 billion and a GAAP net loss of $234 million, or $0.05 per diluted
Compass Coming Soon listings to appear on Redfin
Compass International Holdings (CIH), the parent company of real estate brokerage Compass, is teaming up with Rocket Companies and Redfin to display its Compass Coming Soon listings for Redfin’s 60 million monthly unique visitors to see. CIH and Rocket announced the partnership Thursday afternoon.
Hovnanian recalibrates amid a shift to a higher-margin mix
Last quarter, Hovnanian Enterprises posted weak results, reporting a net loss that sent its stock (HOV) price crashing. Three months later, the company appears to have bounced back as it executes a strategic shift, but warning signs persist. Hovnanian Enterprises, the parent company of K. Hovnanian
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