Marcus & Millichap (MMI) Tops Q1 EPS by 10c

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Go back to Marcus & Millichap (MMI) Tops Q1 EPS by 10c

Marcus & Millichap, Inc. Reports Results for First Quarter 2016

May 5, 2016 4:11 PM EDT

- Total Revenues Grew 12.1% to $164.3 Million -

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 first quarter ended March 31, 2016.

First Quarter 2016 Highlights Compared to First Quarter 2015

Net income increased by 8.4% to $14.8 million, or $0.38 on a diluted per share basis The number of brokerage transactions grew by 9.1% with the private client market segment ($1-$10 million)... More