secwatch.observer — SEC 8-K summary
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Issuer:     Anywhere Real Estate Group LLC (—)
CIK:        0001355001
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001398987-23-000083
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q1 revenue down 31% to $1.1B; net loss $138M; guides FY volumes down 15-20%
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- Q1 revenue $1,131M (-31% YoY), net loss $138M, adjusted net loss $106M; EPS loss $1.26.
- Operating EBITDA loss $52M vs +$69M in Q1 2022, a $121M decline.
- Cost savings of $50M realized in Q1, on track for full-year $200M target.
- Guides Q2 transaction volume down ~25% and full-year volume down 15-20% YoY; FY free cash flow expected modestly positive.
- Stockholders approved Second Amended 2018 LTIP and charter amendment limiting officer liability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1355001/000139898723000083/0001398987-23-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1355001/000139898723000083/hous-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001398987-23-000083

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