Marcus & Millichap (MMI) Tops Q4 EPS by 3c

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Marcus & Millichap, Inc. Reports Results for Fourth Quarter and Full-Year 2019

February 20, 2020 4:04 PM EST

CALABASAS, Calif.--(BUSINESS WIRE)-- Marcus & Millichap, Inc. (the Company, Marcus & Millichap, MMI) (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 full year ended December 31, 2019.

Fourth Quarter 2019 Highlights

Total revenues increased 3.3% to $237.9 million Net income of $20.7 million, or $0.52 per common share, diluted Adjusted EBITDA of $32.5 million Revenue from financing fees increased 13.4% to $18.8... More