secwatch.observer — SEC 8-K summary
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Issuer:     NEWMARK GROUP, INC. (NMRK)
CIK:        0001690680
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001690680-23-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newmark Q4 revenues drop 38%; adjusted EPS $0.32 vs $0.65; declares dividend
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- Q4 total revenues $607.3M, down 38.3% YoY; full-year revenues $2.7B, down 6.9%.
- GAAP net income per diluted share $0.05 (down 93.2%); adjusted EPS $0.32 (down 50.8%).
- Declared quarterly dividend and issued initial 2023 outlook (filed portion of release).
- Hired top capital markets team led by Douglas Harmon and Adam Spies.
- Repurchased 1.7M shares in Q4 and 24.9M in full year; net leverage 0.6X.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690680/000169068023000004/0001690680-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690680/000169068023000004/nmrk-20230216.htm
  HTML page:      https://secwatch.observer/filing/0001690680-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer