Newmark Group Inc (NAS:NMRK)
$ 15.48 -0.15 (-0.96%) Market Cap: 2.63 Bil Enterprise Value: 4.85 Bil PE Ratio: 51.60 PB Ratio: 2.22 GF Score: 72/100
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Q3 2022 Newmark Group Inc Earnings Call Transcript

Oct 28, 2022 / 02:00PM GMT
Release Date Price: $7.97 (-14.67%)
Operator

Greetings, and welcome to the Newmark Group, Inc. Reports Third Quarter 2022 Financial Results Conference Call. (Operator Instructions) As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Jason McGruder, Head of Investor Relations. Thank you, Jason. You may begin.

Jason A. McGruder
Newmark Group, Inc. - Head of IR

Thank you, operator, and good morning. Newmark issued its third quarter '22 financial results press release and a presentation summarizing these results this morning. The results provided on today's call compare only the 3 months ending September 30, 2022, with the year-earlier period, unless otherwise stated. We will be referring to our results on this call only on a non-GAAP basis, unless otherwise stated, used non-GAAP terms include adjusted earnings and adjusted EBITDA. Please see the section in today's press release for the complete and/or updated definition of any non-GAAP terms, reconciliation of these items corresponding GAAP results and how, when and why management uses them.

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