09:39 AM EDT, 08/07/2024 (MT Newswires) -- Marcus & Millichap ( MMI ) shares were advancing 1.7% in early trading Wednesday after the company reported a Q2 net loss of $0.14 per diluted share, narrowing from a loss of $0.23 a year earlier.

An analyst polled by Capital IQ expected a loss of $0.15.

Revenue for the quarter ended June 30 was $158.4 million, down from $162.9 million a year earlier.

An analyst surveyed by Capital IQ expected $160.7 million.

Price: 38.54, Change: +0.64, Percent Change: +1.69