Douglas Elliman reports Q2 adjusted (6c) vs. (1c) last year

Reports Q2 revenue $271.4M vs. $285.8M last year. “We are encouraged by our strong momentum in the first half of the year and proud of our team’s ability to manage through this operating environment,” said Michael Liebowitz, Chief Executive Officer of Douglas Elliman (DOUG) Inc. “Our efforts are showing clear results: we grew revenue, significantly narrowed our operating losses, and improved our adjusted EBITDA performance compared to the first half of 2024. By investing in our agents and focusing on key markets, we are reinforcing our leadership in the luxury real estate market in the U.S. and globally. I am confident that our iconic brand and expanded reach will enable us to deliver even greater value for our agents, clients, and stockholders.”