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Compass(COMP) - 2024 Q2 - Quarterly Report
2024-08-02 20:26
Table of Contents ___________________________ Title of Each Class Trading Symbol Name of Each Exchange on Which Registered Class A Common Stock, $0.00001 par value per share COMP The New York Stock Exchange ___________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________________________ FORM 10-Q ___________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, ...
Compass(COMP) - 2024 Q2 - Earnings Call Transcript
2024-08-01 02:53
Compass, Inc. (NYSE:COMP) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Richard Simonelli - Senior & Vice President of Investor Relations Robert Reffkin - Founder & Chief Executive Officer Kalani Reelitz - Chief Financial Officer Conference Call Participants Matthew Bouley - Barclays Jason Helfstein - Oppenheimer Bernie McTernan - Needham & Company Soham Bhonsle - BTIG Michael Ng - Goldman Sachs Ryan McKeveny - Zelman & Associates Operator Ladies and gentlemen, thank you for ...
Compass(COMP) - 2024 Q2 - Earnings Call Presentation
2024-07-31 21:02
1 2Q 2024 Business Update & Supplementary Information Safe Harbor Statement This presentation includes forward-looking statements, which are statements other than statements of historical facts, and statements in the future tense. These statements include, but are not limited to, statements regarding our future performance, including expected financial results for the third quarter of 2024, planned operating expense and cash flow levels for the full year of 2024, and our expectations for operational achieve ...
Compass(COMP) - 2024 Q2 - Quarterly Results
2024-07-31 20:06
Exhibit 99.1 Compass, Inc. Reports Strong Second Quarter 2024 Results All-Time High Net Income of $20.7 million All-Time High Adjusted EBITDA of $77.4 million Free Cash Flow Positive for 4 of the Last 5 Quarters Increased Quarterly Market Share to 5.13% New York, NY - July 31, 2024 - Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), the largest residential real estate brokerage in the United States by sales volume for the third year in a row, announced its financial results for the second quarter end ...
Compass to Announce Second Quarter 2024 Earnings on Wednesday, July 31
Prnewswire· 2024-07-01 20:05
1 T. Velt, "eXp, Compass top 2024 RealTrends Verified brokerage rankings for the third year," Online, HW Media, 3/22/24, https://www.housingwire.com/articles/exp-compass-top-2024-realtrends-verified-brokeragerankings-again/ Compass is the largest residential real estate brokerage in the United States by sales volume. Founded in 2012 and based in New York City, Compass provides an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. ...
Compass Strengthens Footprint in Southeastern U.S., Welcoming the Top Brokerage in Tennessee
Prnewswire· 2024-05-13 17:05
NEW YORK, May 13, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass"), the largest residential real estate brokerage in the United States by sales volume1, announces the addition of Parks Real Estate, Tennessee's number one residential real estate firm by sales volume with over 1,500 agents. The combination of Compass and Parks agents now represents one of four homes sold in Tennessee. With this addition, Compass strengthens its position in Nashville and enhances its presence in the Southeastern U.S ...
Compass(COMP) - 2024 Q1 - Quarterly Report
2024-05-09 11:03
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ___________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ (212) 913-9058 (Registrant's telephone number, including area code) Securities registered pursuan ...
Compass(COMP) - 2024 Q1 - Earnings Call Transcript
2024-05-09 03:23
Compass, Inc. (NYSE:COMP) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Richard Simonelli - Senior Vice President, Investor Relations Robert Reffkin - Founder and Chief Executive Officer Greg Hart - Chief Operating Officer Kalani Reelitz - Chief Financial Officer Conference Call Participants Jason Helfstein - Oppenheimer Soham Bhonsle - BTIG Anika Dholakia - Barclays Ryan McKeveny - Zelman Soham Bhonsle - BTIG Operator Thank you for standing by. My name is Kathleen and I will ...
Compass, Inc. (COMP) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-05-08 22:46
Compass, Inc. (COMP) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -35%. A quarter ago, it was expected that this company would post a loss of $0.17 per share when it actually produced a loss of $0.17, delivering no surprise.Over the last four quarters, the company has not been able to surp ...
Compass(COMP) - 2024 Q1 - Quarterly Results
2024-05-08 20:09
"We exceeded our expectations for Q1 2024 by growing our Q1 revenue 10% year-over-year and significantly reducing our nonGAAP operating expenses, or OPEX , generating positive free cash flow," said Robert Reffkin, Founder and Chief Executive Officer of Compass. "This is the first time we have generated positive free cash flow in the first quarter, the industry's slowest quarter of the year, and in a historically challenging market. In Q1 2024, we grew our quarterly market share by 26 basis points year-over- ...