First quarter revenue was up year over year to $253.4M and net loss decreased significantly on an annual basis to $6M or $0.07 per diluted share, according to Q1 earnings data released Friday
The company squeaked out of 2024 with improved quarterly losses, even though net losses for the year were significant. CEO Michael Liebowitz expressed optimism for the firm's future
New company CEO Michael Liebowitz stressed in an investors call Thursday morning that Douglas Elliman is seeking to diversify its revenue streams and increase ROI as it enters a 'new era'