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Rithm Reports $315.3 Million in Q3 Earnings Available for Distribution, or $0.55 Per Share
Revenue reached $1.756 billion, while GAAP net income was $217.1 million, or $0.38 per diluted common share.

Rithm Capital posted $315.3 million in third-quarter earnings available for distribution, or $0.55 per diluted common share, for the quarter ended Sept. 30, with revenue rising from the prior quarter.
Earnings available for distribution is a non-GAAP measure. GAAP net income was $217.1 million, or $0.38 per diluted common share.
Revenue totaled $1.756 billion for the three months ended Sept. 30, compared with $1.282 billion for the three months ended June 30.
“Rithm’s strong third quarter results reflect disciplined execution across every part of our platform,” CEO Michael Nierenberg said.