Compass Announces $188 Million Net Loss
On the positive side, quarterly revenue was up 25 percent year-over-year to $1.4 billion
On the positive side, quarterly revenue was up 25 percent year-over-year to $1.4 billion
Loan origination volume was down 26 percent from the end of 2021
Year-over-year, the brokerage’s revenue was up by $36.1 million
Agents closed 5.2 percent less deals and brought in 5 percent less listings compared to 2021
The iBuyer posted its best quarter in company history, while announcing market expansion
The home lender also announced plans to pause on a public offering
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The latest cut follows last year’s disastrous—and now viral—lay off of 900 employees in a group Zoom meeting
In it’s first earnings report as a traded company, the brokerage posted a 25 percent increase in consolidated revenue
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