Marcus & Millichap, Inc. Reports Results for Third Quarter 2024
Marcus & Millichap, Inc. (MMI)
Last marcus & millichap, inc. earnings: 2/20 04:04 pm
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Source: Business Wire
CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap, Inc. (the “Company”, “Marcus & Millichap”, or “MMI”) (NYSE: MMI), a leading national real estate services firm specializing in commercial real estate investment sales, financing, research and advisory services, reported its third quarter results today.Third Quarter 2024 Highlights Compared to Third Quarter 2023Total revenue of $168.5 million, compared to $162.0 millionBrokerage commissions of $142.0 million, compared to $139.8 millionPrivate Client Market brokerage revenue of $87.5 million, compared to $91.5 millionMiddle Market and Larger Transaction Market brokerage revenue of $49.3 million, compared to $42.8 millionFinancing fees of $20.6 million, compared to $17.3 millionNet loss of $5.4 million, or $0.14 per common share, diluted, compared to net loss of $9.2 million, or $0.24 per common share, dilutedAdjusted EBITDA1 increased by $6.6 million to approximately breakevenNine Months 2024 Highlights Compared to Nine Months
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News
- Marcus & Millichap's Institutional Property Advisors Brokers $203 Million Sale and Arranges $127.8 Million Financing for Silicon Valley Multifamily Asset [Yahoo! Finance]Yahoo! Finance
- Marcus & Millichap’s Institutional Property Advisors Brokers $203 Million Sale and Arranges $127.8 Million Financing for Silicon Valley Multifamily AssetBusiness Wire
- Richard Bird Joins Graystone Brokerage as Executive Vice PresidentBusiness Wire
- Marcus & Millichap's Institutional Property Advisors Brokers Three Multifamily Property Sales in Tacoma for $102.6 Million [Yahoo! Finance]Yahoo! Finance
- Marcus & Millichap’s Institutional Property Advisors Brokers Three Multifamily Property Sales in Tacoma for $102.6 MillionBusiness Wire
MMI
Sec Filings
- 12/13/24 - Form 4
- 11/27/24 - Form 4
- 11/8/24 - Form 10-Q
- MMI's page on the SEC website