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Stock impact report

Marcus & Millichap Inc (MMI) Q3 2024 Earnings Call Highlights: Navigating Growth Amid ... [Yahoo! Finance]

Marcus & Millichap, Inc. (MMI) 
Last marcus & millichap, inc. earnings: 2/20 04:04 pm Check Earnings Report
US:NYSE Investor Relations: marcus.com/us/en
Company Research Source: Yahoo! Finance
Brokerage Revenue: $142 million, 84% of total revenue for Q3. Financing Revenue: $21 million for Q3, up 19% year-over-year. Total Brokerage Transactions: 1,331 transactions totaling $8.5 billion in volume for Q3. Financing Transactions: 318 transactions totaling $2.1 billion in volume for Q3. Operating Expenses: $180 million for Q3, up 1% year-over-year. SG&A Expenses: $71 million for Q3, up 2% year-over-year. Cash and Marketable Securities: $349 million, an increase of $13 million over the prior quarter. Dividend: $10 million returned to shareholders in October. Warning! GuruFocus has detected 8 Warning Signs with MMI. Release Date: November 08, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Revenue for the third quarter increased by 4% year-over-year, marking the first year-over-year revenue growth since the market disruption two years ago. Financing revenue grew by 19.3% with a 15% increase in financ Show less Read more
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