Douglas Elliman Earnings Reports

Douglas Elliman Inc. reported a revenue increase for Q3 2024, with revenues reaching $266.3 million compared to $251.5 million in Q3 2023. The company experienced an operating loss of $7.4 million, an improvement over the $8.8 million loss in the same quarter of the previous year. However, the net loss attributed to Douglas Elliman was $27.2 million, or $0.33 per diluted common share, which includes a $20.2 million charge for changes in the fair value of derivatives embedded within convertible debt.

Douglas Elliman Inc. reported consolidated revenues of $285.8 million for Q2 2024, compared to $275.9 million in the prior year quarter. The company's operating loss was $3.7 million, an improvement from the $8.3 million loss in the same quarter last year. Net loss attributed to Douglas Elliman was $1.7 million, or $0.02 per diluted common share, compared to $5.2 million, or $0.06 per diluted common share, in the prior year quarter.

Douglas Elliman Inc. reported a decrease in consolidated revenues to $200.2 million compared to $214.0 million in the prior year quarter. The company's operating loss increased to $41.5 million from $23.8 million in the prior year quarter, which includes a $17.75 million litigation settlement charge. Net loss attributed to Douglas Elliman was $41.5 million, or $0.50 per diluted common share, compared to $17.6 million, or $0.22 per diluted common share, in the prior year quarter.

Douglas Elliman Inc. reported a revenue increase for Q4 2023, marking the first year-over-year quarterly revenue growth since Q1 2022. The company's net loss also decreased compared to the same quarter last year, reflecting a gradual stabilization in home purchasing activity and strength in luxury markets.

Douglas Elliman reported a decrease in revenue to $251.5 million compared to $272.6 million in the prior year quarter. The company experienced an operating loss of $8.8 million, and a net loss of $4.9 million, or $0.06 per diluted common share.

Douglas Elliman Inc. reported a decrease in consolidated revenues to $275.9 million compared to $364.4 million in the prior year quarter. The company experienced an operating loss of $8.3 million, and a net loss attributed to Douglas Elliman of $5.2 million, or $0.06 per diluted common share.

Douglas Elliman Inc. reported a decrease in revenue to $214.0 million compared to $308.9 million in the first quarter of 2022. The company recorded an operating loss of $23.8 million and a net loss of $17.6 million, or $0.23 per diluted common share.

Douglas Elliman Inc. reported a decrease in revenue and a shift to an operating loss for the fourth quarter of 2022, compared to the same period in 2021. Consolidated revenues decreased to $207.3 million from $334.2 million, and the company recorded an operating loss of $21.9 million compared to an operating income of $19.2 million in the prior year quarter. Net loss attributed to Douglas Elliman was $18.4 million, or $0.24 per diluted common share, compared to a net income of $20.2 million, or $0.26 per diluted common share, in the prior year quarter.

Douglas Elliman Inc. reported a challenging third quarter in 2022, with consolidated revenues decreasing to $272.6 million compared to $354.2 million in the prior year period. The company experienced an operating loss of $5.2 million and a net loss of $4.0 million, or $0.05 per diluted common share. Despite these challenges, Douglas Elliman maintained a strong balance sheet with cash and cash equivalents of $192.7 million.

Douglas Elliman Inc. reported a decrease in revenue and net income for Q2 2022 compared to the prior year period. While the company achieved the second-highest quarterly revenue in its history, it experienced lower operating income and adjusted EBITDA due to challenging macroeconomic conditions.

Douglas Elliman Inc. reported a 13.2% increase in revenue to $308.9 million compared to $272.8 million in the first quarter of 2021. Net income attributed to Douglas Elliman was $6.5 million, or $0.08 per diluted common share, compared to $14.0 million, or $0.18 per diluted common share, in the prior year period.

Douglas Elliman reported strong Q4 2021 financial results, with a 25% increase in consolidated revenues, a 44% increase in operating income, and a 28% increase in Adjusted EBITDA compared to the prior year period. The company achieved record annual gross transaction value and transactions in 2021.