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Stock impact report

Fathom Holdings Inc (FTHM) Q3 2024 Earnings Call Highlights: Strategic Acquisitions and Revenue ... [Yahoo! Finance]

Fathom Holdings Inc. (FTHM) 
Company Research Source: Yahoo! Finance
Net Loss: $8.1 million or $0.40 per share, compared to a loss of $5.5 million or $0.34 per share in Q3 2023. Real Estate Transactions: 9,331 transactions, a decrease of approximately 9.5% from Q3 2023. Agent Network Growth: 9.3% increase to approximately 12,383 agents as of September 30, 2024. Mortgage Division Revenue: $2.9 million, a 52% increase from $1.9 million in Q3 2023. Title Division Revenue: $1.5 million, a 71% increase from $834,000 in Q3 2023. Cash Position: $13.4 million at the end of Q3 2024. Gross Profit Margin: Increased to 9% from 7% in Q3 2023. Technology and Development Expenses: Approximately $2 million, up from $1.7 million in Q3 2023. General Administrative Expense: $8.7 million, down from $9.8 million in Q3 2023. Warning! GuruFocus has detected 6 Warning Signs with FTHM. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Fathom Holdings Inc ( NASDAQ:FTHM ) s Show less Read more
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