Newmark Group: Q1 Earnings Snapshot
By AP News
Published - May 05, 2023, 08:33 AM ET
Last Updated - Jun 21, 2023, 10:25 PM EDT
NEW YORK (AP) — NEW YORK (AP) — Newmark Group Inc. (NMRK) on Friday reported a loss of $10.4 million in its first quarter.
The New York-based company said it had a loss of 6 cents per share. Earnings, adjusted for non-recurring costs, came to 15 cents per share.
The provider of commercial real estate services posted revenue of $520.8 million in the period.
Newmark Group expects full-year revenue in the range of $2.5 billion to $2.7 billion.