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Compass Inc - COMP STOCK NEWS

Welcome to our dedicated news page for Compass (Ticker: COMP), a resource for investors and traders seeking the latest updates and insights on Compass.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Compass's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Compass's position in the market.

Rhea-AI Summary
Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States, will announce its first quarter 2024 financial results on May 8, 2024. The company will hold a conference call and webcast to discuss the results. Investors can access the call online via the Compass Investor Relations website and register in advance. An audio recording of the call will be available for replay for up to 90 days.
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Prudence, an early-stage venture firm, closes its third fund with $80 million in capital commitments, bringing total AUM to $230 million. The firm focuses on investing in software and data capabilities for the built world, targeting industries like construction, real estate, infrastructure, and climate/energy adaptation.
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Compass, Inc. (COMP) reports growth in agent count and market share in Q4, aims to be free cash flow positive by 2024. Financial highlights include revenue declines, improved net loss, and enhanced technology platform. The company projects revenue and EBITDA outlook for Q1 2024 and full year 2024.
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Compass, Inc. (COMP) will release its fourth quarter and full year 2023 financial results on February 27, 2023, followed by a conference call and webcast to discuss the results. The company is the largest residential real estate brokerage in the United States by transaction volume. The conference call will be accessible online via the Compass Investor Relations website, and an audio recording will be available for replay for up to 90 days following the call.
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Compass, Inc. achieves positive free cash flow in the third quarter, with a $187 million improvement in operating cash flow and a $235 million improvement in free cash flow compared to the same period last year. The company plans to reduce annualized operating expenses by nearly $550 million by Q4 2023 and expects to achieve a $900 million run rate. Q3 2023 financial highlights include a 10% decrease in revenue and a 74% improvement in GAAP net loss compared to Q3 2022. Compass experienced a 4% increase in the average number of principal agents and a 12% decline in total transactions.
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Compass, Inc. to release third quarter 2023 financial results on November 6, 2023
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Compass, Inc. (NYSE: COMP) will release its second quarter 2023 financial results on August 7, 2023, after market close. The company will host a conference call and webcast at 5:00 p.m. ET / 2:00 p.m. PT to discuss the results. The conference call can be accessed online via the Compass Investor Relations website. An audio recording of the call will be available for replay for up to 90 days.
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Compass Inc

NYSE:COMP

COMP Rankings

COMP Stock Data

1.75B
367.04M
2.44%
64.47%
5.48%
Custom Computer Programming Services
Professional, Scientific, and Technical Services
Link
Liberia
New York

About COMP

compass is a technology-driven real estate platform that is revolutionizing traditional brokerage. we're bringing together some of the world's brightest professionals across real estate, technology, business and creative to simplify and improve the real estate process. we were founded in 2012 by ori allon (who started and sold companies to google & twitter) and robert reffkin (former chief of staff to the president & coo of goldman sachs) and have raised $123 million from leading investors, including goldman sachs, founders fund, thrive capital, and institutional venture partners. the company is headquartered in new york with offices in dc, miami, boston, and the hamptons.