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Fathom Holdings Inc - FTHM STOCK NEWS

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

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 Fathom Holdings'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 Fathom Holdings's position in the market.

Rhea-AI Summary
Fathom Holdings Inc. reports financial results for Q4 2023, targeting Adjusted EBITDA positivity. The company shows growth in agent network, revenue decline, and improved Adjusted EBITDA loss. CEO Marco Fregenal emphasizes growth strategy and cost optimization for profitable growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.2%
Tags
earnings
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Rhea-AI Summary
Fathom Holdings Inc. announces a strategic joint venture between its subsidiary Verus Title Inc and top producing agents of Fathom Realty in Texas. The joint venture, Verus Title Elite Texas LLC, aims to enhance the closing experience for clients and increase revenue and profitability. The partnership is exclusive to top agents, with plans to expand to more states by 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
none
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Rhea-AI Summary
Fathom Holdings Inc. (Nasdaq: FTHM) will participate in the 36th Annual Roth Conference. CEO Marco Fregenal will meet institutional investors on March 18-19, 2024. Fathom offers real estate services integrating brokerage, mortgage, title, insurance, and SaaS solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.73%
Tags
conferences
Rhea-AI Summary
Fathom Holdings Inc. (FTHM) will host a conference call to discuss its financial results for Q4 and full year 2023. The call will take place on March 14, 2024, at 5:00 p.m. Eastern time. Fathom provides a technology-driven real estate services platform integrating various offerings for brokerages and agents.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.73%
Tags
none
-
Rhea-AI Summary
Fathom Holdings Inc. announced the promotion of DeJane Kerr to Senior Vice President of Operations at its subsidiary, Fathom Realty. Kerr, who has over 13 years of experience with Fathom, will continue to oversee agent support, compliance, training, and technology implementation. Her contributions to Fathom's growth and expansion objectives have been acknowledged through various awards and her integral role in the development of Fathom's technology platform. Kerr's expertise and leadership are expected to play a crucial role in Fathom Realty's ongoing success and commitment to delivering unparalleled services to its agents and clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.13%
Tags
management
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Rhea-AI Summary
Fathom Holdings Inc. (Nasdaq: FTHM) has announced the expansion of its subsidiary, Fathom Realty, in California through the addition of San Francisco-based Divine Properties Group. This partnership aims to provide top-notch support to agents and empower them to better serve their clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.5%
Tags
none
Rhea-AI Summary
Fathom Holdings Inc. (Nasdaq: FTHM) announced the pricing of an underwritten public offering of 3,000,000 shares of its common stock, inclusive of 1,000,000 secondary shares, at a price of $2.00 per share. The Company expects to receive net proceeds of approximately $3.45 million, not including exercise of the overallotment option. The offering is expected to close on December 5, 2023, subject to customary closing conditions. The Company intends to use the net proceeds from the offering for general corporate purposes to include accelerating agent growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.59%
Tags
offering
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Rhea-AI Summary
Fathom Holdings Inc. (Nasdaq: FTHM) announced a proposed primary and secondary offering of its common stock in an underwritten public offering. The company intends to use the net proceeds for general corporate purposes. Roth Capital Partners is acting as the sole manager for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.59%
Tags
offering
-
Rhea-AI Summary
Fathom Holdings Inc. (FTHM) announced a revision to Fathom Realty's real estate agent fee structure, effective January 1, 2024. The changes include an increase in the agent's annual fee and the addition of a 'High-Value Property Fee' for properties over $600,000. Fathom expects this change to add an estimated $3.1 million in EBITDA for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.67%
Tags
none
Rhea-AI Summary
Fathom Holdings Inc. (Nasdaq: FTHM) announces that its subsidiary, Encompass Lending Group, has been awarded the Top Workplaces 2023 honor by the Houston Chronicle. The award is based on employee feedback gathered through a survey measuring 15 culture drivers. The recognition reflects Encompass Lending Group's commitment to fostering an exceptional workplace culture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.97%
Tags
none
Fathom Holdings Inc

Nasdaq:FTHM

FTHM Rankings

FTHM Stock Data

40.72M
9.56M
40.09%
27.08%
1.43%
Offices of Real Estate Agents and Brokers
Real Estate and Rental and Leasing
Link
United States
Cary

About FTHM

fathom realty is an agent-owned, servant-first real estate brokerage. fathom's leadership philosophy follows this simple and yet powerful principle, "whoever wants to be great must become a servant -matthew 20:26"​. fathom realty features exceptional agent support, superior technology, effective training, mentorship and coaching programs, and industry-best agent commission plans.