secwatch.observer — SEC 8-K summary
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Issuer:     Douglas Elliman Inc. (DOUG)
CIK:        0001878897
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001878897-23-000010
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1878897/000187889723000010/0001878897-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1878897/000187889723000010/doug-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001878897-23-000010

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