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home / news releases / MMI - Marcus & Millichap GAAP EPS of -$0.23 in-line revenue of $162.9M beats by $11.4M

MMI - Marcus & Millichap GAAP EPS of -$0.23 in-line revenue of $162.9M beats by $11.4M

Marcus & Millichap Inc.

2023-08-04 08:04:02 ET

  • Marcus & Millichap press release ( NYSE: MMI ): Q2 GAAP EPS of -$0.23 in-line.
  • Revenue of $162.9M (-58.9% Y/Y) beats by $11.4M .
  • Brokerage commissions of $140.3 million decreased 60.4% compared to second quarter 2022, which was up 40.2% compared to second quarter 2021
  • Private Client Market brokerage revenue of $96.2 million decreased 54.1% compared to second quarter 2022, which was up 32.7% compared to second quarter 2021
  • Middle Market and Larger Transaction Market brokerage revenue of $39.4 million decreased 71.5% compared to second quarter 2022, which was up 58.5% compared to second quarter 2021
  • Financing fees of $17.9 million decreased 51.4% compared to second quarter 2022, which was up 30.5% compared to second quarter 2021

For further details see:

Marcus & Millichap GAAP EPS of -$0.23 in-line, revenue of $162.9M beats by $11.4M
Stock Information
Company Name: Marcus & Millichap Inc.
Stock Symbol: MMI
Market: NYSE
Website: marcusmillichap.com
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