Better Home & Finance Holding Company Projects Q4 Operating Expense Reductions and Increased Savings
Better Home & Finance Holding Company (BETR) has announced its 'Better 2.0' strategic direction following a successful proxy contest. The company reported a 15% year-over-year increase in loan volume, reaching $1.4 billion for the quarter. Management is targeting Q4 operating expenses between $45 million and $47 million. Additionally, the company projects further quarterly savings of $7.4 million to $9.4 million as it implements its new operational framework.
Tickers: $BETR
Topics: earnings report loan volume management outlook proxy contest results
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