Wednesday, 8 July 2020

Quicken Loans’ IPO filing reveals $1.8B in Q1 revenue

The parent company of Quicken Loans and Rocket Mortgage is officially going public. Rocket Companies filed for an initial public offering on Tuesday, Bloomberg reported. In initial filings, the company disclosed turning an annual profit for the last three years, and its offering size is currently listed as $100 million. The IPO was first reported last month by the Financial Times. Rocket Companies reported earning $1.8 billion in revenue and $97.7 million in profits from



source https://therealdeal.com/2020/07/08/quicken-loans-ipo-filing-reveals-1-8b-in-q1-revenue/

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