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

Q2 2024 Newmark Group Inc Earnings Call Transcript

Aug 02, 2024 / 02:00PM GMT
Release Date Price: $12.07 (-5.26%)
Operator

Good day, and welcome to the Newmark Group second-quarter 2024 financial results. As a reminder, today's call is being recorded.

At this time, I'd like to turn the call over to Mr. Jason McGruder, Head of Investor Relations. Please go ahead.

Jason McGruder
Newmark Group Inc - Head of Investor Relations

Thank you, operator, and good morning. Newmark issued its second-quarter 2024 results press release this morning. Unless otherwise stated, the results provided on today's call compare only the three months ended June 30, 2024, with the year earlier period.

Except as otherwise noted, we will be referring to results only on a non-GAAP basis, including the terms adjusted earnings and adjusted EBITDA. Unless otherwise stated, any figures discussed today with respect to cash flow from operations refer to net cash provided by operating activities, excluding GSE/FHA loan origination and sales.

Please refer to today's press release, supplement tables, and the quarterly results presentation on our website for complete and updated definitions

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