Douglas Elliman Q1 2023 Earnings Report
Key Takeaways
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.
Revenues for the first quarter of 2023 were $214.0 million, a decrease from $308.9 million in the first quarter of 2022.
The company recorded an operating loss of $23.8 million for the first quarter of 2023, compared to an operating income of $7.9 million for the first quarter of 2022.
Net loss attributed to Douglas Elliman for the first quarter of 2023 was $17.6 million, or $0.23 per diluted common share.
Adjusted EBITDA attributed to Douglas Elliman was a loss of $17.6 million for the first quarter of 2023.
Douglas Elliman
Douglas Elliman
Douglas Elliman Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income