Douglas Elliman (DOUG) reported financial results for the nine months ending September 30, 2025, concurrent with significant corporate governance changes.
Financial Highlights (9 Months Ended Sept 30, 2025): The company showed positive momentum, with Revenue increasing 5% YoY to \(787.6 million, and Gross Transaction Value rising to \)30.1 billion. Net Loss narrowed substantially to \(53.3 million (from \)70.3 million in 2024), and Adjusted EBITDA turned positive at \(2.9 million. Q3 saw a slight revenue dip to \)262.8 million, though the Net Loss improved year-over-year to $24.7 million.
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