Welcome to our dedicated page for Fathom Holdings news (Ticker: FTHM), a resource for investors and traders seeking the latest updates and insights on Fathom Holdings stock.
Fathom Holdings Inc. (Nasdaq: FTHM) is described as a national, technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents. The FTHM news feed on Stock Titan brings together company press releases, operational updates, partnership announcements, capital markets activity, and other disclosures that Fathom has made public.
Recent company communications have highlighted several themes. Fathom has reported revenue and transaction growth across its real estate brokerage segment, along with contributions from mortgage, title, and technology. The company has discussed initiatives such as its Elevate program, Real Results lead platform, and the integration of ancillary services to support agents and clients on its intelliAgent-powered platform.
News items have also described strategic partnerships and acquisitions. Fathom has announced a partnership with Move Concierge to extend concierge moving services to its agents and clients, and a collaboration with ByOwner aimed at converting for-sale-by-owner listings into full-service transactions with Fathom agents. The company has also reported the acquisition and expansion of START Real Estate, which focuses on first-time homebuyers, and the geographic growth of Verus Title into additional U.S. states.
In addition, Fathom has issued press releases about capital raising through an underwritten public offering of common stock and has provided regular earnings updates, including segment revenue details and non-GAAP metrics such as Adjusted EBITDA. Investors and observers can use this news page to review how Fathom communicates its strategy, growth initiatives, financial performance framework, and corporate actions over time.
Fathom Holdings Inc. (Nasdaq: FTHM) announced its participation in the Stephens Annual Investment Conference on November 16 in Nashville. Joshua Harley, the company's Founder and CEO, along with Marco Fregenal, President and CFO, will engage in a fireside chat at 1:00 p.m. CT and hold one-on-one investor meetings throughout the day. The fireside chat will be available for live streaming on Fathom's investor relations website and archived for 90 days. Fathom specializes in technology-driven real estate services, integrating various offerings for agents and brokerages.
Fathom Holdings Inc. (Nasdaq: FTHM) will announce its 2022 third quarter financial results on November 7, 2022, after market close. This technology-driven real estate services platform integrates residential brokerage, mortgage, title, insurance, and SaaS offerings. An investor conference call is scheduled for the same day at 5:00 p.m. ET. For more details, visit www.FathomInc.com.
Fathom Holdings Inc. (Nasdaq: FTHM) will present at the LD Micro Main Event XV Conference on October 26 in Los Angeles. This technology-driven real estate services platform integrates brokerage, mortgage, title, and insurance services. CEO Joshua Harley and CFO Marco Fregenal will present at 2:30 p.m. PT and hold one-on-one meetings with investors. The presentation will be live-streamed and archived on Fathom's website. Fathom is known for its proprietary software, intelliAgent, and various brands including Fathom Realty and Dagley Insurance.
Fathom Holdings Inc. (Nasdaq: FTHM) has appointed Scott Flanders to its board of directors, where he will serve as Chair of the Compensation Committee. Flanders, a seasoned executive and current investor in Fathom, succeeds Jeffrey Coats, who resigned for other business pursuits. His extensive background in public companies, including as CEO of eHealth, Inc., and his CPA credentials are expected to enhance Fathom's strategic direction. Chairman and CEO Joshua Harley expressed optimism about Flanders' contributions to disrupting the residential real estate market.
Fathom Holdings Inc. (Nasdaq: FTHM) will participate in the D.A. Davidson Big Sky Technology Summit on August 23. CEO Joshua Harley and CFO Marco Fregenal will join a fireside chat at 8:00 a.m. MT and a panel on 'Residential Real Estate Disruption' at 10:00 a.m. MT. Both sessions will be available via live webcast on Fathom's investor relations website. The company integrates real estate services with a focus on technology, offering solutions through its proprietary intelliAgent platform.
Fathom Holdings announced a stronger than expected financial performance for Q2 2022, with total revenue exceeding $128.2 million, a growth of 52% year-over-year. The company's real estate transactions increased by 32%, with its agent network expanding by 38% to around 9,560 agents. Despite a net loss of $5.7 million for the quarter due to rising interest rates affecting its mortgage segment, Fathom's real estate segment achieved profitability for the fifth consecutive quarter. The company anticipates Q3 revenue between $105 million and $110 million and full-year revenue of $425 million to $435 million.
Fathom Holdings Inc. (NASDAQ: FTHM) announced it will release its 2022 second quarter financial results on August 4, 2022, after market close. An investor conference call is scheduled for the same day at 5:00 p.m. ET. The company is a technology-driven real estate services platform integrating various offerings such as residential brokerage, mortgage, title, and insurance. The results will be accessible through a webcast and replay options are available until August 11, 2022.
Fathom Holdings Inc. (Nasdaq: FTHM) announced that its Chief Strategy Officer, Wendy Forsythe, has been recognized as a 2022 Marketing Leader by HousingWire for her impactful contributions to the housing economy. Forsythe joined Fathom in 2019 and became Chief Strategy Officer in January 2022, focusing on strategic initiatives, marketing, and growth. Her recognition highlights her professional achievements and influence within the industry. CEO Josh Harley praised her as a vital asset to Fathom's growth, emphasizing the company's mission to empower agents in the residential real estate market.
Fathom Holdings Inc. (Nasdaq: FTHM) has launched a new veteran division aimed at providing specialized resources and support for military personnel and their families. This initiative offers opportunities for current and former service members, including targeted lead generation, tuition reimbursement, and a referral network. The division will also provide marketing materials to enhance visibility for veteran agents. Fathom’s CEO, Josh Harley, emphasized the company’s commitment to supporting its veteran workforce and clients, aligning with values of service and dedication.
Fathom Holdings Inc. (FTHM) reported a strong first quarter of 2022 with total revenue reaching $90.1 million, an 81.4% increase from the previous year. The real estate agent network grew by 49%, totaling 9,006 agents. The company raised its full-year revenue guidance to $445-$455 million. Despite a GAAP net loss of $6.0 million, Fathom remains optimistic about continued growth, citing investments and operational efficiency. Their cash balance decreased to $30.5 million due to acquisitions and share repurchases, but they expect a rebound in Adjusted EBITDA moving forward.