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. (FTHM) operates a comprehensive real estate services platform combining brokerage, mortgage, and proprietary SaaS technology. This news hub provides investors and industry professionals with essential updates about the company's strategic developments and market position.
Access official press releases, financial disclosures, and operational updates in one centralized location. Track announcements related to technology innovations, strategic partnerships, and market expansion initiatives that shape Fathom's role in modern real estate services.
Our curated collection includes updates on earnings reports, leadership changes, and product enhancements to the intelliAgent platform. Stay informed about regulatory developments and industry trends impacting FTHM's integrated service model.
Bookmark this page for streamlined access to Fathom Holdings' latest communications. Combine these verified updates with broader industry analysis to maintain a complete perspective on this technology-driven real estate innovator.
Fathom Holdings Inc. (Nasdaq: FTHM) reported financial results for the first quarter of 2024, noting progress towards its 2024 goals. Despite a decrease in real estate transactions, total revenue declined by 9.0% to $70.5 million. The company's gross margin increased to 10.3%, positioning it well for positive EBITDA and operational cash flow. Fathom's net loss was $5.9 million for the quarter, with technology and development expenses rising. The company remains committed to achieving and remaining Adjusted EBITDA positive.
Fathom Holdings Inc. (Nasdaq: FTHM) will participate in the 24th Annual B. Riley Securities Institutional Investor Conference where CEO Marco Fregenal will present on May 22, 2024. The company is a technology-driven real estate services platform offering various services to brokerages and agents.
Fathom Holdings Inc. announced the divestiture of Dagley Insurance to DIA founder Nathan Dagley for $15 million, with $8 million paid at closing and $7 million over 24 months. The proceeds will enhance Fathom's financial position and support growth initiatives. Dagley Insurance will maintain its collaboration with Fathom Realty agents across 47 states, ensuring continuity of service.
Fathom Holdings Inc. (Nasdaq: FTHM) will hold a conference call on May 9, 2024, to discuss its first-quarter financial results. The company integrates real estate services like brokerage, mortgage, title, insurance, and SaaS offerings for brokerages and agents. The call will be live-streamed on the company's website, with a replay available until May 16, 2024.
Fathom Holdings Inc. (Nasdaq: FTHM) celebrates the success of Fathom Serves initiative, an upcoming event where Fathom Realty agents and staff will volunteer in their local communities and charitable organizations from June 3 to 8, 2024. The event exemplifies Fathom's commitment to community involvement and servant leadership, following the success of the inaugural Fathom Serves event in August 2023.
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