---
schema_version: "secwatch.filing_event.v1"
accession: "0001690680-23-000035"
form_type: "8-K"
ticker: "NMRK"
cik: "0001690680"
company_name: "NEWMARK GROUP, INC."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:52:28.812531+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Newmark Q3 revenue down 7.3% to $616.3M; Adj. EPS $0.27 vs $0.35

## Summary
- Total revenues of $616.3M, down 7.3% YoY; GAAP net income $0.06 per diluted share, down from $0.15.
- Adjusted EPS of $0.27, down 22.9%; Adjusted EBITDA $96.3M, down 21.4%.
- Recurring management, servicing & other revenues up 14.1% YoY, now ~40% of TTM revenue.
- FY2023 guidance: Adjusted EBITDA $375-400M, Adjusted EPS $1.02-$1.09.
- Entered $420M delayed draw term loan to repay $550M 6.125% Senior Notes due Nov. 2023.

## SEC filing metadata
- accession: 0001690680-23-000035
- form_type: 8-K
- ticker: NMRK
- cik: 0001690680
- company_name: NEWMARK GROUP, INC.
- filed_at: 2023-11-01T23:59:59+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/1690680/000169068023000035/0001690680-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690680/000169068023000035/nmrk-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001690680-23-000035
- JSON: https://secwatch.observer/filing/0001690680-23-000035.json
- Plain text: https://secwatch.observer/filing/0001690680-23-000035.txt

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