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Douglas Elliman Inc (DOUG) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]

Douglas Elliman Inc. (DOUG) 
Company Research Source: Yahoo! Finance
Adjusted EBITDA: Loss of $1.4 million for Q3 2024, compared to a loss of $3 million in Q3 2023. Operating Income (Real Estate Brokerage Segment): $454,000 for Q3 2024, compared to an operating loss of $2 million in Q3 2023. Cash and Cash Equivalents: Approximately $151.4 million as of September 30, 2024. Average Price Per Home Sale: $1.6 million for Q3 2024, up from $1.57 million in Q3 2023. Listing Volume Increase: 6% in Q3 2024 compared to the prior year period. Development Marketing Pipeline: Approximately $26.8 billion in gross transaction value, with $16.4 billion in Florida. Operating Expenses Reduction: $11.9 million reduction for the nine months ended September 30, 2024, compared to the same period in 2023. Warning! GuruFocus has detected 4 Warning Signs with DOUG. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Douglas Elliman Inc ( NYSE:DOUG ) reported an increase in aver Show less Read more
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