01:49 PM EDT, 05/03/2024 (MT Newswires) -- Velocity Financial ( VEL ) reported Q1 core earnings late Thursday of $0.51 per diluted share, up from $0.33 a year earlier.

Four analysts polled by Capital IQ expected $0.39.

Net revenue for the quarter ended March 31 was $54.25 million, up from $36.56 million a year earlier.

Comparable analysts' estimates weren't available.

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