04:53 PM EST, 03/06/2025 (MT Newswires) -- Velocity Financial ( VEL ) reported Q4 core earnings Thursday of $0.60 per diluted share, up from $0.46 a year earlier.

Three analysts polled by FactSet expected $0.49.

Net revenue for the quarter ended Dec. 31 was $71.2 million, up from $51.6 million a year earlier.

One analyst surveyed by FactSet expected $55.1 million.

The company's shares were up 6% in recent after-hours activity.