ICE Mortgage Technology loses $6M in 2Q22
ICE Mortgage Technology loses $6M in 2Q22
Abstract
ICE Mortgage Technology had $160 million of recurring revenue in the second quarter, up 18% from the previous year. Black Knight reported second quarter net earnings of $40.3 million, down 89% from first quarter's $364.4 million, it's up from $39.7 million in second quarter of 2021. Intercontinental Exchange would only say that it is still expected to close in the first half of 2023. "Our performance further demonstrates our ability to deliver results. Our performance further shows our ability. our performance... to deliver. our results," CEO Anthony Jabbour, who stepped down in May, said in a press release.