Douglas Elliman sees revenue tick up in Q2 2024
The company's improved financial results no doubt came as a sigh of relief, as Elliman faced increasing pressure from shareholders because of its shaky performance in recent quarters
Matterport revenue grows, losses improve during Q2
Total revenue grew to $42.2M during Q2 2024, up from $39.6M the previous year, as the company worked to increase its market share
Opendoor's revenue declines as losses also grow in second quarter
The iBuyer's revenue declined 24% year over year to $1.5B as losses hit $92M, down from positive income of $23M the previous year
Elliman shareholder says Howard Lorber deserves bonus claw back
Shareholder Bradley Tirpak said in a letter to investors that Lorber's leadership had fallen short as the firm has continued to see financial losses and scrutiny amid the Alexander brothers scandal
Real estate has trimmed its losses. But 'winter is coming': DelPrete
Even as real estate companies cut costs and narrowed losses in the second quarter of 2023, the third quarter may deliver the truest test of their financial mettle, Mike DelPrete told Intel
by Daniel Houston Aug 30
A stock analyst reveals the 2 big winners from Q2 earnings season
Among the publicly traded real estate enterprises to release second-quarter earnings reports this month, 2 companies stood out for John Campbell, a managing director at analytics firm Stephens
by Daniel Houston Aug 16
WeWork's losses decline in Q2 as workers returned to the office
Net loss decreased 31% year over year as office occupancy returned to pre-pandemic levels, according to a Q2 earnings report released Thursday by WeWork
by Daniel Houston Aug 5
RE/MAX grows in Q2 despite downgrading 2022 housing outlook
The real estate franchise giant posted higher revenues and expanded profits even as the company downgraded expectations amid a slowing market, according to an earnings report Thursday
by Daniel Houston Aug 4
Premier Agent dips as Zillow hangs on to modest Q2 profit
Market headwinds pushed Zillow Q2 revenues down 23% to $1B. Despite the declines, Zillow is pushing forward with major initiatives including a new partnership with former rival Opendoor
Fathom Holdings doubles revenue in Q2 as mortgage business struggles
The brokerage's revenue grew 52 percent annually in the second quarter, reaching $128.2 million, up from $84.2 million last year, according to an earnings on Thursday.
by Daniel Houston AND Ben Verde Aug 4
Redfin's profits decline in Q2 despite uptick in revenue
Redfin reported $606.9M in second-quarter revenue, a 29% increase compared to the second quarter of 2021, in an earnings report released Thursday afternoon following the close of markets
by Daniel Houston AND Ben Verde Aug 4
Riding luxury boom, Realogy reports strong growth in Q2
The company, which tallied $2.3B in revenue from April to June, says early results from its iBuyer program are strong and warrant additional investment
by Marian McPherson Jul 29