---
schema_version: "secwatch.filing_event.v1"
accession: "0001690680-23-000021"
form_type: "8-K"
ticker: "NMRK"
cik: "0001690680"
company_name: "NEWMARK GROUP, INC."
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T17:01:14.770995+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Newmark Q1 2023: revenue down 23.2%, GAAP net loss $10.4M, adjusted EPS $0.15

## Summary
- Total revenues $520.8M, down 23.2% YoY; GAAP net loss $10.4M vs profit $0.4M.
- Adjusted EPS $0.15 vs $0.36 (down 58.3%); Pre-tax Adjusted Earnings $40.8M (down 62.9%).
- Board declares $0.03/share quarterly dividend payable May 26 to holders of record May 19.
- FDIC awarded Newmark mandate to sell Signature Bank's $60B loan portfolio, largest in U.S. history.
- Acquired U.K. real estate advisory firm Gerald Eve; hired top capital markets producers in multiple cities.

## SEC filing metadata
- accession: 0001690680-23-000021
- form_type: 8-K
- ticker: NMRK
- cik: 0001690680
- company_name: NEWMARK GROUP, INC.
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690680/000169068023000021/0001690680-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690680/000169068023000021/nmrk-20230505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001690680-23-000021
- JSON: https://secwatch.observer/filing/0001690680-23-000021.json
- Plain text: https://secwatch.observer/filing/0001690680-23-000021.txt

## Key facts
- Earnings Releases
  NEWMARK GROUP, INC. reported the quarter ended March 31, 2023 results: revenue 520.8, net income (10.4) GAAP net income for fully diluted shares, EPS (0.06) GAAP net income per fully diluted share.
  - Period: the quarter ended March 31, 2023
  - Revenue: 520.8
  - Net income: (10.4) GAAP net income for fully diluted shares
  - EPS: (0.06) GAAP net income per fully diluted share
  - Result: reported results
  source text: we saw in 2021.” SELECT RESULTS COMPARED WITH THE YEAR-EARLIER PERIOD 2 Highlights of Consolidated Results (USD millions, except per share data) 1Q23 1Q22 Change Total Revenues 520.8 678.2 (23.2)% GAAP income (loss) before income taxes and noncontrolling interests ("GAAP pre-tax income") (19.4) 4.7 NMF GAAP net income for fully diluted shares (10.4) 0.4 NMF
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690680/000169068023000021/0001690680-23-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.