Q1 2024

Rocket Companies began 2024 with strong momentum, according to CEO Varun Krishna. The parent company of Rocket Mortgage reported a total net revenue of $1.4 billion and adjusted revenue of $1.2 billion. GAAP net income was reported at $291 million, or $0.11 per GAAP diluted earnings per share. Adjusted net income was reported at $84 million, or $0.04 per adjusted diluted earnings per share. The company delivered a first-quarter adjusted EBITDA of $174 million, the highest adjusted EBITDA in two years, according to company leaders. “As an organization, we are driven to execute and win and our determination is absolute. We’re playing both the short and the long game, gaining momentum and achieving success while strategically planning and executing for…