Reports Q2 revenue $279.4M, consensus $297.1M. “Our team delivered in the second quarter the strongest performance in many categories that we’ve reported in several years, despite a constrained and challenging market. These results showcase the power of the retail origination and servicing platform we’ve built and the exciting potential of our balanced business model,” said Terry Schmidt, Guild Chief Executive Officer. “In the second quarter, we delivered our best adjusted net income, adjusted EBITDA and adjusted return on average equity since 2021. In the origination segment, we delivered origination growth of 44% quarter-over-quarter and 15% year-over-year, with expense and profitability metrics improving to levels we last delivered in 2022. We look forward to further building our leading platform and completing our pending transaction with Bayview.”
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