Fathom Holdings Inc. (FTHM) Tops Q4 EPS by 2c, Offers Guidance
Fathom Holdings Inc. (NASDAQ: FTHM) reported Q4 EPS of ($0.24), $0.02 better than the analyst estimate of ($0.26). Revenue for the quarter came in at $95.5 million versus the consensus estimate of $83.49 million.
GUIDANCE:
- Fathom Holdings Inc. sees FY2022 revenue of $425-435 million, versus the consensus of $414 million.
- The Company reiterated that it believes it can generate Adjusted EBITDA exceeding $40.0 million per year at 100,000 to 110,000 transactions per year. While Fathom has not provided a timeline for reaching this target, the Company believes it can maintain transaction growth rates similar to those since its IPO.
- For the first quarter of 2022, Fathom expects total revenue in the range of $77-78 million, and an Adjusted EBITDA loss in the range of $3.2- $3.3 million.
- For the full year 2022, Fathom is raising its total revenue guidance to the range of $425 - $435 million, and its Adjusted EBITDA guidance to the range of a loss of $500,000 to positive Adjusted EBITDA of $500,000.
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