Fubotv earnings beat by $0.10, revenue topped estimates
On May 16, 2025, Prabhu Narasimhan, a director at Better Home & Finance Holding Co (NASDAQ:BETR), made a significant purchase of the company’s Class A Common Stock. Narasimhan acquired 42,352 shares at a price of $14.10 per share, amounting to a total investment of approximately $597,163. This transaction was conducted with Novator Capital Sponsor Ltd., a Cyprus-based limited liability company, with the consideration structured as an interest-free debt payable upon demand. Following this acquisition, Narasimhan’s total holdings in Better Home & Finance increased to 59,915 shares.
In other recent news, Better Home and Finance Holding Company reported a 46% year-over-year increase in revenue for Q1 2025, reaching $33 million. The company’s funded loan volume also saw a 31% rise, totaling $868 million. Despite these gains, Better Home and Finance faced an adjusted EBITDA loss of $40.4 million and a GAAP net loss of approximately $50.6 million. The company continues to leverage AI technology to enhance operational efficiency, introducing Betsy AI to improve loan processing. Analysts from Northcoast Research and Sidoti have shown interest in the company’s AI-driven strategies and its impact on loan officer productivity. Better Home and Finance aims for a 1% market share of the $2.1 trillion mortgage market, with plans to expand its B2B partnerships with banks and fintech companies. Looking ahead, the company projects over $450 million in Neo originations for Q2 2025, representing a 250% growth.
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