Douglas Elliman Q1 2023 revenue down 31% to $214M; net loss of $15.1M

Douglas Elliman Inc.

2023-Q1 EPS reported -$0.23 revenue$213,982,000

Revenue $214.0M vs $308.9M in Q1 2022; gross transaction value $7.3B vs $11.7B.
Net loss attributable to Douglas Elliman $15.1M ($0.20 diluted EPS) vs net income $6.5M ($0.08) year ago.
Adjusted EBITDA loss $14.4M vs income $12.7M in prior-year quarter.
Real estate brokerage segment operating loss $14.1M vs operating income $14.5M a year ago.
Average price per transaction $1.580M; limited listing inventory cited as headwind.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Douglas Elliman Inc. reported the three months ended March 31, 2023 results: revenue $214.0 million, net income $15.1 million, EPS $0.20 per diluted common share.

Period: the three months ended March 31, 2023
Revenue: $214.0 million
Net income: $15.1 million
EPS: $0.20 per diluted common share
Result: reported results

Exact text from the filing

Kirkland III, Douglas Elliman Inc. 305-579-8000 DOUGLAS ELLIMAN INC. REPORTS FIRST QUARTER 2023 FINANCIAL RESULTS First Quarter 2023 Highlights: • Consolidated revenues of $214.0 million compared to $308.9 million in the prior year quarter ◦ Douglas Elliman’s real estate brokerage segment achieved gross transaction value of approximately $7.3 billion compared to

View on SEC.gov

Browse all earnings releases →

Douglas Elliman Inc. filing history →

Source: SEC EDGAR

accession 0001878897-23-000010

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.