Douglas Elliman reports Q4 net loss $0.24/share; revenues down 38% YoY

Douglas Elliman Inc.

Q4 2022 consolidated revenues $207.3M vs $334.2M in Q4 2021; operating loss of $21.9M.
Net loss attributable $18.4M ($0.24 diluted loss) vs net income $20.2M ($0.26 EPS) a year ago.
Full-year 2022 revenues $1.15B vs $1.35B; net loss $5.6M ($0.08 loss) vs net income $98.8M ($1.27 EPS).
Real estate brokerage segment Q4 gross transaction value $7.5B, down 40% from $12.6B in Q4 2021.
Adjusted EBITDA attributed to DOUG loss $17.1M in Q4 vs income $21.3M in prior-year quarter.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Douglas Elliman Inc. reported financial results for the fourth quarter and full year ended December 31, 2022.

Period: the fourth quarter and full year ended December 31, 2022
Result: reported results

Exact text from the filing

On March 9, 2023, Douglas Elliman Inc. (NYSE:DOUG) (the “Company” or “Douglas Elliman”) announced its financial results for the fourth quarter and full year ended December 31, 2022.

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Source: SEC EDGAR

accession 0001878897-23-000003

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