Earnings

Despite a net loss of just over $4M, the company increased revenue by 65% and reported EBITDA profits for the first time, while also doubling agent count.

The brokerage lost $48 million in Q2 — an improvement after substantial losses in Q1 — and the company emphasized its free positive cash flow.

The top iBuyer hopes scaling home purchases, improving margins and leveraging partnerships will continue fueling its return to positive net income.

Amid falling revenue and elusive net profits, the company plans to pilot a program to give agents "the lion’s share of the commission on self-sourced sales."

The company reported a net income of $9.4 million, slightly below expectations, while its agent count grew by 7%.

The company's net income of $2 million was an improvement after losses in Q1, while revenue fell by more than 10% and U.S. agent count dropped by 6.3%.

Overall revenue was up from Q1 and slightly higher year-over-year, but net losses continued to mount.

The iBuyer reduced losses and acquired more homes over Q1, but sales and revenue dipped significantly.

The commercial and residential real estate giant continues to grow revenue and income while also investing in Homes.com.

While down year-over-year, revenue and income were up over the previous quarter, but the company missed expectations on earnings per share.

Bridgemarq Real Estate Services reported a net loss of $4.7 million, attributing the drop to the housing market downturn.

The Real Brokerage more than doubled its agent count vs. last year, with chairman and CEO Tamir Poleg crediting its technology and “agent attraction model.”

The brokerage reported a net loss of $15.1 million in the first quarter but says it has plenty of cash on-hand to carry it through the down cycle.

With the rollout underway for its end-to-end transaction platform, and agent count up, Compass projects that it will be cash-flow positive next quarter.

The company lost $700K and saw U.S. agent count decline in Q1, but said the results met expectations and focused on opportunities for Motto Mortgage.

Redfin CEO Glenn Kelman says the company is ‘leaner, hungrier’ and ready for when the real estate market rebounds.

The leading iBuyer lost $101 million in Q1, but that's a significant improvement over the previous quarter, and they are now "looking for stabilization."

The company missed analyst expectations by $0.48 per share but achieved cost savings of $50 million while legal headwinds put pressure on the bottom line.

The Seattle-based company beat analyst expectations for the first quarter and is entering a crucial period as it unveils new products.

The company managed to cut losses by half in Q1, and CEO Brian Bair said Offerpad has a "realistic and achievable plan" to meet its goals.