Overview

* Douglas Elliman ( DOUG ) Q2 revenue declines to $271.4 mln from $285.8 mln yr/yr

* Net loss for Q2 widens to $22.7 mln from $1.7 mln yr/yr

* Adjusted EBITDA for Q2 shows loss of $0.8 mln, down from $2.9 mln income yr/yr

Outlook

* Company did not provide specific future revenue or earnings guidance

Result Drivers

* REVENUE GROWTH - Co reports 8% year-over-year revenue growth for the first half of 2025, driven by strategic investments in key markets

* OPERATING LOSSES NARROWED - Operating losses reduced to $10.9 mln for H1 2025 from $45.1 mln in H1 2024, attributed to effective management of the operating environment

* STRONG CASH POSITION - Co maintains $136 mln in cash and cash equivalents as of June 30, 2025, enabling continued strategic investments, per CFO Bryant Kirkland

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $271.40

Revenue mln

Q2 -$4.70

Adjusted mln

Net

Income

Q2 Net -$22.70

Income mln

Q2 -$800,00

Adjusted 0

EBITDA

Q2 -$5.50

Operatin mln

g Income

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)