secwatch.observer — SEC 8-K summary
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Issuer:     Compass, Inc. (COMP)
CIK:        0001563190
Form:       8-K
Filed at:   2025-01-15T23:59:59+00:00
Accession:  0001563190-25-000019
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Compass raises Q4 and full-year 2024 guidance on revenue and Adjusted EBITDA; expects record free cash flow
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- Q4 2024 revenue now expected $1.36B–$1.39B (up from $1.225B–$1.325B prior range).
- Full-year 2024 revenue now expected $5.61B–$5.64B (up from $5.47B–$5.57B).
- Q4 2024 Adjusted EBITDA raised to $15M–$18M from $0–$10M; full-year to $124M–$127M from $109M–$119M.
- Q4 organic agent recruiting exceeded 650 principal agents, a 50% improvement year-over-year.
- Company reiterates positive free cash flow for full year 2024; expects non-GAAP OPEX slightly below prior $876M–$896M range.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1563190/000156319025000019/0001563190-25-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1563190/000156319025000019/comp-20250115.htm
  HTML page:      https://secwatch.observer/filing/0001563190-25-000019

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