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Newmark Group Reports Fourth Quarter and Full Year 2023 Financial Results

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Newmark Group, Inc. (NMRK) reports financial results for Q4 and full year 2023, showing revenue growth and positive outlook. Conference call scheduled for further discussion.
Positive
  • Newmark Group, Inc. (NMRK) announced its financial results for Q4 and full year 2023.
  • Revenue increased compared to the previous period, reflecting positive growth.
  • The company caters to large institutional investors, global corporations, and other owners and occupiers in the commercial real estate sector.
  • A conference call is scheduled for further discussion on the results.
Negative
  • None.

Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today

NEW YORK, Feb. 22, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate service provider to large institutional investors, global corporations, and other owners and occupiers, today reported its financial results for the three months and year ended December 31, 2023.

A complete and full-text financial results press release, including information about today's financial results conference call and Newmark's dividend declaration, is accessible in the "Media" section at https://nmrk.com. It is also available directly at any of the following web pages:

https://ir.nmrk.com (PDF version of the full press release, PDF of a quarterly results investor presentation, and supplemental Excel financial tables)

https://ir.nmrk.com/investors/news-releases/financial-and-corporate-releases (Links to the PDF version of the full press release, PDF of a quarterly results investor presentation, and to Excel financial tables)

https://nmrk.com/media (PDF version of the full release only)

(Note: If clicking on the above links does not open a new web page, you may need to cut and paste the above URLs into your browser's address bar.)

Today's conference call is expected to contain forward-looking statements with respect to the Company's financial outlook.

ABOUT NEWMARK
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. Newmark's company-owned offices, together with its business partners, operate from approximately 170 offices with 7,400 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT NEWMARK
Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/newmark-group-reports-fourth-quarter-and-full-year-2023-financial-results-302068801.html

SOURCE Newmark Group, Inc.

Newmark Group, Inc. (NMRK) reported its financial results for the three months and year ended December 31, 2023.

Newmark Group, Inc. (NMRK) provides commercial real estate services to large institutional investors, global corporations, and other owners and occupiers.

Yes, a conference call is scheduled for 10:00 a.m. ET today to discuss the financial results.
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About NMRK

newmark grubb knight frank is one of the world’s leading commercial real estate advisory firms. operating from more than 370 offices on six continents, newmark grubb knight frank serves the property needs of tenants, owners, investors and developers worldwide. newmark grubb knight frank provides a fully integrated platform of services to prominent multinational corporations and institutional investors across the globe, as well as to owners and users of real estate on a local, regional and national level. with services including leasing advisory, global corporate services, investment sales and capital markets services, property and facilities management, program and project management, consulting and valuation services, we offer comprehensive real estate solutions supporting the business objectives of our clients.