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Douglas Elliman Inc. - $DOUG STOCK NEWS

Welcome to our dedicated page for Douglas Elliman news (Ticker: $DOUG), a resource for investors and traders seeking the latest updates and insights on Douglas Elliman stock.

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 Douglas Elliman'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 Douglas Elliman's position in the market.

Rhea-AI Summary
Douglas Elliman Inc. (NYSE:DOUG) announced financial results for the second quarter of 2023, reporting a decrease in consolidated revenues to $275.9 million and significant operating losses. The real estate brokerage segment also experienced a decline in gross transaction value and operating income compared to the prior year period. The company's net loss attributed to Douglas Elliman was $5.2 million for the quarter and $22.8 million for the first half of 2023. Adjusted EBITDA showed losses for both the company and the real estate brokerage segment, indicating a challenging financial performance.
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Douglas Elliman Inc.

NYSE:DOUG

DOUG Rankings

DOUG Stock Data

117.93M
75.77M
20.45%
53.9%
0.81%
Lessors of Residential Buildings and Dwellings
Real Estate and Rental and Leasing
Link
United States of America
MIAMI

About DOUG

established in 1911, douglas elliman has grown to become the nation’s fourth largest real estate firm, registering more than $18 billion in sales volume in 2014. elliman has a current network of more than 6,000 agents in over 80 offices throughout manhattan, brooklyn, queens, long island (including the hamptons and north fork), westchester and putnam counties, fairfield county, ct, as well as throughout south florida, california and aspen, co. in addition, via a strategic partnership with knight frank residential, douglas elliman’s powerful network extends to 43 countries across six continents. at douglas elliman, we are passionate about delivering exceptional consumer experiences. by offering a complete suite of real estate services, we ensure that we meet our consumers’ every need. from sales and rentals, retail and commercial, to mortgage, new development marketing, property management and title insurance, we have experts in every field to guide you skillfully from beginning to th