Velocity Financial (NYSE:VEL) reported quarterly earnings of $0.60 per share which beat the analyst consensus estimate of $0.48 by 25 percent. This is a 30.43 percent increase over earnings of $0.46 per share from the same period last year. The company reported quarterly sales of $71.17 million which beat the analyst consensus estimate of $55.10 million by 29.16 percent. This is a 38.00 percent increase over sales of $51.57 million the same period last year.
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