NMRK Q2 2020 Earnings — Newmark Group, Inc. Revenue & Financial Results | Market Cap Arena

NMRKNewmark Group, Inc.

$2B

Q2 2020 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$384M-30.4% YoY

Gross Profit

$384M100.0% margin

Operating Income

$11M2.8% margin

Net Income

$314,0000.1% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-20.7%

Cash Flow

Operating Cash Flow

-$303M

Free Cash Flow

-$305M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$3.2B

Stockholders' Equity

$573M

Cash & Equivalents

$306M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$384M	$551M	-30.4%
Gross Profit	$384M	$551M	-30.4%
Operating Income	$11M	$49M	-78.1%
Net Income	$314,000	$23M	-98.6%

Revenue Segments

Management Services Servicing Fees And Other

$142M37%

Leasing And Other Commissions

$120M31%

Gains From Mortgage Banking Activities Origination Net

$69M18%

Capital Markets Commissions

$53M14%