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Stock impact report

Marcus & Millichap, Inc. Reports Results for Third Quarter 2024

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: 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 Show less Read more
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