Newmark Group Inc (FRA:NMB)
€ 9.5 -0.35 (-3.55%) Market Cap: 1.66 Bil Enterprise Value: 3.23 Bil PE Ratio: 47.74 PB Ratio: 1.49 GF Score: 76/100
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Q2 2023 Newmark Group Inc Earnings Call Transcript

Jul 28, 2023 / 02:00PM GMT
Release Date Price: €6.1 (-0.81%)
Operator

Good day, and welcome to the Newmark Second Quarter 2023 Earnings Call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Mr. Jason McGruder, Head of Investor Relations. Please go ahead, sir.

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

Thank you, operator, and good morning. Newmark issued its second quarter 2023 financial results press release and presentation this morning. Unless otherwise stated, the results provided on today's call compare only the 3 months ended June 30, 2023 with the year earlier period. Except as otherwise specified, we will be referring to our results only on a non-GAAP basis, which include terms such as adjusted earnings and adjusted EBITDA.

Please refer to the section of today's press release for complete and/or updated definition of any non-GAAP terms, reconciliation of these items to corresponding GAAP results and how, when and why management uses them. You can find more information with respect to our GAAP and non-GAAP results on our website in today's press release, the

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