Tag Archives: earnings 2024

LoanDepot shares slip on $67M Q4 2024 net loss, tepid Q1 outlook

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While mortgage originations were up 34 percent from a year ago, to $7.2 billion, company executives said they don’t expect lending to surpass $5.5 billion in Q1 2025. Continue reading →

Douglas Elliman wraps 2024 with hefty $76M net loss for year

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The company squeaked out of 2024 with improved quarterly losses, even though net losses for the year were significant. CEO Michael Liebowitz expressed optimism for the firm’s future. Continue reading →

Rentals, tech and efficiency drive real estate’s Q4 earnings

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Real estate brokerage Q4 earnings winners surged ahead by betting on rentals, AI-driven efficiencies and streamlined operations. Continue reading →

Opendoor saw rising losses in Q4, but managed to boost revenue

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The iBuyer’s $1.1 billion in Q4 revenue wasn’t enough to offset a loss of $113 million. However, CEO Carrie Wheeler said the company entered 2025 as “a leaner, more efficient business.” Continue reading →

Matterport lost $256M in 2024 as it continued scaling before merger

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Total revenue was $169.7 million, up 8 percent compared to a year earlier, boosted by its 1.2 million subscribers as the company bolstered its ongoing revenue streams. Continue reading →

UWM is hiring after banner year for purchase mortgage lending

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In a year when home sales hit a three-decade low, the nation’s biggest mortgage lender made $96.1 billion in loans to homebuyers — the company’s best year ever. Continue reading →

Offerpad losses mount as iBuyer acquires and sells fewer homes

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At $17.3 milllion, Q4 2024 net loss is up 28 percent from the previous quarter, as homes acquired dipped 9 percent to 384, homes sold fell 18 percent to 503, and profits on each sale fell by 24 percent.. Continue reading →

RE/MAX turns $5.8M profit in Q4 despite 10th straight revenue dip

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A drop in expenses was enough to offset falling revenue from franchise fees and annual dues that make up about 70 percent of RE/MAX’s revenue, the company said on Thursday. Continue reading →

Compass grows revenue and agent count, market share tops 5%

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The company now has 17,752 principal agents. Founder and CEO Robert Reffkin said in a new earnings report that he believes his company will pull ahead in 2025. Continue reading →

Airbnb earned $11.1B in 2024 as users spent $82B on the platform

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Airbnb said it would spend over $200 million on unspecified investments this year as it looks to continue its post-pandemic boom. The company reported revenue has tripled since it went public in 2020. Continue reading →