Rocket Companies Ekes Out $60M Profit in the Second Quarter of 2022, Does Cost Cuts
Detroit Free Press, Aug. 4, 2022–JC Reindl
Rocket Companies, the publicly traded corporate parent of Rocket Mortgage, formerly known as Quicken Loans, reported late Thursday that it had $60 million in net income, or profit, during the second quarter, down from just over $1 billion during the same quarter in 2021. Total revenue also fell to $1.4 billion for the quarter, down from nearly $2.7 billion.
https://www.freep.com/story/money/2022/08/04/rocket-companies-small-profit-cost-cuts/10234066002/