secwatch.observer — SEC 8-K summary
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Issuer:     NEWMARK GROUP, INC. (NMRK)
CIK:        0001690680
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001690680-24-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newmark Q4 revenue up 23% to $747M, adj. EPS $0.46; full year down 9%
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- Q4 total revenues $747.4M, up 23% YoY; GAAP net income per diluted share $0.21 vs $0.04.
- Adjusted EPS $0.46 vs $0.32; adjusted EBITDA $166.2M vs $102.2M, up 63%.
- Full year 2023 revenues $2.47B, down 9%; adjusted EPS $1.05 vs $1.49, down 30%.
- Leasing grew 20% YoY in Q4; capital markets gained share; advised on $50B+ Signature portfolio sale.
- On Jan 12, 2024, closed $600M senior notes offering at 7.500% due Jan 2029.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690680/000169068024000002/0001690680-24-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690680/000169068024000002/nmrk-20240222.htm
  HTML page:      https://secwatch.observer/filing/0001690680-24-000002

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