COMP - Public offerings

NEW YORK, Feb. 28, 2023 /PRNewswire/ -- Compass, Inc. (NYSE:COMP), ("Compass" or "the Company"), a leading tech-enabled real estate brokerage, announced its financial results for the fourth quarter and full year ended December 31, 2022. "2022 was a difficult year for the residential real estate market and Compass. The unexpected and rapid 18% decline in industry-wide transactions resulted in one of the worst years for the real estate market and a decline at the same rate as the 2007-2008 housing crisis," said Robert Reffkin, Founder and Chief Executive Officer of Compass. "Des

Total revenues of $1.49 billion, down 14% compared to 3Q21, driven principally by lower market volumes.Successfully launched the Compass national agent platform in all markets allowing agents to guide their customers from first contact to close in one seamless workflow platform.The Company incurred $29 million in restructuring charges, of which $25 million was for severance. GAAP Net Loss was $154 million, compared to a GAAP Net Loss of $100 million in 3Q21 as lower revenues and restructuring costs more than offset reductions in commissions and operating expenses.Adjusted EBITDA (a non-GAAP measure) was a loss of $42 million compared with a positive $12 million in 3Q21. The year-on-year chan

Revenue of $2.0 billion, up 4% year-over-year Market Share on an LTM basis increased approximately 50 bps to 4.6% compared to prior yearNational deployment of a significant set of new features to the Compass platform giving Compass agents an end-to-end workflow tool targeted for the end of the third quarter GAAP net loss increased from $7 million to $101 million year-over-year on higher expenses related to strategic business initiatives, non-cash stock compensation, depreciation and amortization as well as restructuring costsCompany announces new cost reduction program with approximately $320 million in target run rate savingsNEW YORK, Aug. 15, 2022 /PRNewswire/ -- Compass, Inc. (NYSE:COMP),

Chief Financial Officer, Kristen Ankerbrandt, Announces Resignation, Will Stay Into September to Ensure Orderly Transition – Global Search for New CFO UnderwayChief Product Officer, Greg Hart, Promoted to Chief Operating OfficerNEW YORK, May 12, 2022 /PRNewswire/ -- Compass, Inc. (NYSE:COMP), a leading technology-enabled residential real estate brokerage, today announced that Chief Financial Officer, Kristen Ankerbrandt, will be leaving Compass in September to pursue opportunities outside the Company. Compass also announced that Chief Product Officer, Greg Hart, has been promoted to the role of Chief Operating Officer.

NEW YORK, Feb. 16, 2022 /PRNewswire/ -- Compass, Inc. (NYSE:COMP), the leading tech-enabled real estate brokerage in the United States, announced today that revenue for the full year 2021 was $6.4 billion, up 73% year-over-year. Revenue for the fourth quarter 2021 was $1.6 billion, an increase of 31% year-over-year. The Compass technology and services platform contributed to year-over-year transaction growth of 56% for the full year 2021 and 20% for the fourth quarter. Net loss was $494 million for the full year 2021 and $175 million for the fourth quarter. For the full year

NEW YORK, Nov. 10, 2021 /PRNewswire/ -- Compass, Inc. (NYSE:COMP) today announced its consolidated financial and operational results for the three months ended September 30, 2021. 3Q21 Revenue grew 47% year-over-year to $1.74 billion, with a GAAP Net Loss of $100 million and an Adjusted EBITDA of $12 million. Compass' technology and services platform helped the company deliver 36% transaction growth compared to the prior year. The company remains confident in achieving Adjusted EBITDA profitability in full-year 2022.    Complete results can be found in the company's 3Q21 Share

NEW YORK, Aug. 9, 2021 /PRNewswire/ -- Compass, Inc. (NYSE:COMP) today announced its consolidated financial and operational results for the three months ended June 30, 2021. The company posted a record quarter, nearly doubled its market share year-over-year, and now expects to achieve Adjusted EBITDA profitability in full-year 2022, a year sooner than previously expected. Complete results can be found in the company's 2Q21 Shareholder Letter on the Investor Relations section of Compass' website at https://investors.compass.com. "This past quarter Compass agents strongly outpe