secwatch.observer — SEC 8-K summary
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Issuer:     Anywhere Real Estate Group LLC (—)
CIK:        0001355001
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001398987-24-000088
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Anywhere Real Estate Q1 revenue flat at $1.1B; net loss narrows to $101M
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- Net loss of $101M ($0.91 per share) vs $138M loss in Q1 2023; adjusted net loss of $88M.
- Operating EBITDA loss improved to $(17)M from $(52)M YoY, a $35M gain; March operating EBITDA solidly positive.
- Combined closed transaction volume up 2% YoY; units down ~4% but average price up 7%.
- Realized $30M cost savings in Q1; on track for at least $100M full-year 2024 savings.
- Cash $111M; net corporate debt $2.6B; expects to pay $73.5M class action and $39M California tax in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1355001/000139898724000088/0001398987-24-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1355001/000139898724000088/hous-20240425.htm
  HTML page:      https://secwatch.observer/filing/0001398987-24-000088

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