UWM Holdings Corporation (UWMC) Reports Q1 EPS of $0.33

UWM Holdings Corporation (NYSE: UWMC) reported Q1 EPS of $0.33. Revenue for the quarter came in at $1.19 million, versus $455 thousand reported last year.

Mat Ishbia, Chairman and CEO of UWMC said: "The first quarter of 2021 was not only the best first quarter in our 35-year history, it also marked our first quarter as a public company and solidified our foundation for growth. We believe we now have the capital, liquidity, technology, campus and staffing necessary to further scale our business and grow to become the largest mortgage originator in the country. We welcome the shift to more of a purchase market and the pressure on margins as we believe our business model is built to outperform competitors under those conditions. Moving forward, our priorities remain the same: our people, the industry-leading service we offer to our brokers, and creating long-term value for our shareholders."

For earnings history and earnings-related data on UWM Holdings Corporation (UWMC) click here.

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