IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — LoanDepot Inc. (LDI) on Tuesday reported a loss of $33.2 million in its fourth quarter.
On a per-share basis, the Irvine, California-based company said it had a loss of 17 cents. Losses, adjusted for one-time gains and costs, came to 23 cents per share.
The lender posted revenue of $257.5 million in the period.
For the year, the company reported a loss of $98.3 million, or 53 cents per share. Revenue was reported as $1.06 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LDI at https://www.zacks.com/ap/LDI
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