Marcus & Millichap (MMI) Tops Q4 EPS by 6c
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Marcus & Millichap, Inc. Reports Results for Full-Year and Fourth-Quarter 2015
March 10, 2016 4:05 PM ESTCompany Completes Record Year Revenue and Earnings
CALABASAS, Calif.--(BUSINESS WIRE)-- Marcus & Millichap, Inc. (the Company, Marcus & Millichap) (NYSE: MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, today reported financial results for the fourth-quarter and year ended December 31, 2015. Highlights include:
Full-Year 2015 Highlights
Total revenue grew by 20.4% to $689.1 million Net income increased by 34.0% to $66.4 million or $1.69 on a diluted per share basis Adjusted EBITDA grew by 33.7% to $124.1 million... More