WESTLAKE VILLAGE, Calif. (AP) — WESTLAKE VILLAGE, Calif. (AP) — Velocity Financial, Inc. (VEL) on Thursday reported net income of $12.1 million in its third quarter.

On a per-share basis, the Westlake Village, California-based company said it had profit of 35 cents. Earnings, adjusted for non-recurring costs, came to 37 cents per share.

The company posted revenue of $27.4 million in the period.

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