Welcome to our dedicated page for Compass news (Ticker: COMP), a resource for investors and traders seeking the latest updates and insights on Compass stock.
Compass Inc. (NYSE: COMP) operates at the intersection of real estate and technology, providing agents with an end-to-end platform to streamline property transactions. This page serves as the definitive source for all official announcements, financial updates, and strategic developments from the residential real estate leader.
Investors and industry professionals will find timely updates on quarterly earnings, technology innovations, and market expansion initiatives. Our curated collection includes press releases about strategic partnerships, agent recruitment milestones, and platform enhancements that drive Compass' competitive edge.
Regular visitors gain insights into how Compass leverages its proprietary tools to navigate evolving market conditions. The news archive helps track patterns in operational efficiency improvements and responses to industry challenges like housing inventory fluctuations.
Bookmark this page for direct access to unfiltered information about COMP's growth trajectory. Check back frequently to monitor how the company continues redefining brokerage services through its unique blend of technology and real estate expertise.
Compass, Inc. has appointed Josh McCarter, CEO of Mindbody, to its board of directors, effective April 11, 2022. McCarter brings extensive experience in technology platforms and embedded payment applications, which aligns with Compass' goal of empowering real estate agents. Previously, he served as Chief Strategy Officer and President at Mindbody, and co-founded Booker, a scheduling platform. Compass is the top residential real estate brokerage in the U.S., with over 26,000 agents in 70 markets covering nearly half the population.
Compass, a technology-enabled residential real estate brokerage, will release its Q1 2022 financial results after the market close on May 12, 2022. A conference call will follow at 5:00 p.m. ET to discuss these results. The call can be accessed via Compass's Investor Relations website, where registration is required for participation. An audio recording will be available for replay for up to 90 days post-call. Founded in 2012, Compass offers a platform that supports real estate agents through various cloud-based tools, enhancing their service to clients.
Compass (NYSE: COMP), a leader in technology-driven residential real estate, will present at two upcoming investor conferences. The Wedbush Real Estate Technology Conference is scheduled for March 3, 2022, at 10:40 a.m. ET, followed by the Morgan Stanley Technology, Media & Telecom Conference on March 8, 2022, at 7:10 p.m. ET. Both presentations will be accessible live and for replay on the Compass Investor Relations website. Compass provides a comprehensive platform designed to enhance the efficiency and success of residential real estate agents.
Compass reported a significant revenue growth of 73% for FY2021, reaching $6.4 billion, with a fourth-quarter revenue of $1.6 billion, up 31%. The company saw a 56% increase in transactions for the year and achieved a marginal Adjusted EBITDA of $2 million. However, net losses were substantial, totaling $494 million for FY2021. Despite this, Compass maintains a robust cash position of $618 million and an unused revolver of $350 million for further growth. For FY2022, revenue is projected between $7.9 billion and $8.1 billion.
Compass, Inc. (NYSE: COMP) is set to release its fourth quarter and full-year 2021 financial results on February 16, 2022, after market close. The company will conduct a conference call that day at 5:00 p.m. ET to discuss these results. Investors can access the call via the Compass Investor Relations website. A replay of the call will be available for up to 90 days post-event. Compass, founded in 2012, is a technology-driven residential real estate brokerage that offers agents an integrated platform for managing their businesses.
Compass, a leading technology-enabled residential real estate brokerage, announced its participation in two upcoming investor conferences. Robert Reffkin, Founder and CEO, along with Kristen Ankerbrandt, CFO, will present at:
- UBS Global Technology, Media and Telecommunications Conference on December 7, 2021, at 5:00 p.m. ET.
- Barclays Global Technology, Media and Telecommunications Conference on December 8, 2021, at 12:40 p.m. ET.
Live and replay presentations will be available on the Compass Investor Relations website.
Compass, Inc. (NYSE: COMP) has appointed Frank Martell, CEO of CoreLogic, to its board of directors. Martell brings over 30 years of leadership experience in real estate and analytics, having previously served as CFO and COO at CoreLogic before becoming CEO in 2017. Compass reported $69.1 billion in Gross Transaction Value and $1.74 billion in revenue last quarter, with a 36% increase in transactions compared to a 1% decrease in the broader market. Martell's expertise is expected to strengthen Compass's mission to empower agents through technology.
Compass, a leading real estate technology firm, announced a presentation at the Stephens Annual Investment Conference on December 1, 2021. CEO Robert Reffkin and CFO Kristen Ankerbrandt will engage in a fireside chat starting at 10:00 a.m. ET. Investors can access both live and replay versions of the presentation on the Compass Investor Relations website. Founded in 2012, Compass offers a robust platform for real estate agents, enabling them to deliver exceptional client services.
Compass reported a record revenue of $1.74 billion for 3Q21, up 47% year-over-year, driven by a 36% increase in transactions. Despite a GAAP Net Loss of $100 million, Adjusted EBITDA improved to $12 million. The company expanded its market share from 4.1% to 5.4% year-over-year, and launched operations in five new markets. For FY2021, Compass expects revenue between $6.375 billion and $6.425 billion, and aims for Adjusted EBITDA profitability in 2022.
Compass, a major real estate technology firm, announced that its leadership team, including CEO Robert Reffkin, will present at the Compass REtreat on November 16, 2021, at 6:30 p.m. ET. The presentation will be accessible both live and for replay on the Compass Investor Relations website. Founded in 2012, Compass offers a comprehensive platform to enhance the efficiency of real estate agents.
FAQ
What is the current stock price of Compass (COMP)?
What is the market cap of Compass (COMP)?
