Marcus & Millichap Q2 revenue up 143% to record $284.9M; EPS $0.78 vs $0.00

Marcus & Millichap, Inc.

2021-Q2 EPS reported $1.16 revenue$468,923,000

Net income $31.5M ($0.78 diluted EPS) vs $106K ($0.00) a year ago.
Adjusted EBITDA surged to $48.1M from $4.2M in Q2 2020.
Brokerage commissions more than doubled to $252.9M; financing fees doubled to $28.2M.
Private Client brokerage revenue +100% to $158.1M; Middle Market/Larger Transactions +3x to $87.1M.
Total revenues of $468.9M for H1 2021, up 52% YoY; net income $46.5M ($1.16 diluted EPS).

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