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Newmark Group: Q1 Earnings Snapshot

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.

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