CaliberCos Inc (CWD) Misses Q2 EPS by 16c

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Caliber Reports First Quarter 2024 Results

May 9, 2024 4:05 PM EDT

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Caliber (NASDAQ: CWD; CaliberCos Inc.), a real estate investor, developer, and asset manager, today reported results for the first quarter ended on March 31, 2024.

First Quarter 2024 Financial Highlights (compared to first quarter 2023)

Total revenue of $23.0 million, a 22.3% decrease Platform revenue of $4.7 million, a 25.6% decrease Asset management revenue of $4.6 million, a 16.1% increase Performance allocations of $0.2 million, related to the sale of land in Johnstown, Colorado Net loss attributable to Caliber of $3.8 million, or $0.18 per diluted share, compared to net loss attributable to... More

Caliber Closes on Another Land Sale in Northern Colorado

May 7, 2024 8:30 AM EDT

Construction of a new Catholic high school planned for the 50-acre plot of land to serve growing community

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Caliber (NASDAQ: CWD), a real estate... More