Newmark Group Inc (NAS:NMRK)
$ 11.22 0.3 (2.75%) Market Cap: 1.94 Bil Enterprise Value: 3.58 Bil PE Ratio: 49.64 PB Ratio: 1.54 GF Score: 81/100
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Q4 2022 Newmark Group Inc Earnings Call Transcript

Feb 16, 2023 / 03:00PM GMT
Release Date Price: $8.51 (-4.27%)
Operator

Greetings. Welcome to Newmark Group, Inc's Fourth Quarter 2022 financial results. (Operator Instructions) Please note that this conference is being recorded. At this time, I will now turn the conference over to Jason McGruder, Head of Investor Relations. Mr. McGruder, you may now begin.

Jason A. McGruder
Newmark Group, Inc. - Head of IR

Thank you, operator. Good morning. Newmark issued its fourth quarter 2022 financial results press release and a presentation summarizing these results this morning. The results provided on today's call compare only the 3 months ended December 31st, 2022, with the year earlier period, unless otherwise stated. We will also be referring to our results on this call only on a non-GAAP basis, unless otherwise stated. These non-GAAP terms include adjusted earnings and adjusted EBITDA. Please see the sections of today's press release for the complete and or updated definitions of any non-GAAP terms, reconciliations of these items to the corresponding GAAP results, and how, when and why management uses them.

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