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Compass (NYSE:COMP) surprises with Q1 CY2026 sales, stock jumps 17.6%
Real estate technology company Compass (NYSE:COMP) announced in Q1 CY2026, with sales up 99.4% year on year to $2.70 billion.
Compass Inc. said it’s parting ways with Chief Technology Officer Joseph Sirosh as part of a cost-reduction program, a week after the executive sold 40% of his shares in the real estate brokerage.
The merger of Compass and Anywhere Real Estate would create a company valued at about $10 billion, with a network of roughly 340,000 real estate professionals across 120 countries and territories.
Compass Inc. (NYSE:COMP) shares fell more than 12% while Anywhere Real Estate Inc. (NYSE:HOUS) jumped over 52% on Monday after the companies announced a $10 billion all-stock merger, including debt.
Compass’s S-1, a disclosure the company filed Monday as a shareholder pitch, runs over 250 pages long. But nowhere in the voluminous filing, observers say, is a lucid argument as how Compass might ...
Compass achieved its free cash flow goal in Q2, but still records a net loss of $46.9 million. During the second quarter of 2023, Compass recorded a free cash flow of $51 million, compared to a free ...
Compass Inc. Chief Executive Officer Robert Reffkin started his career working in the inner sanctums of American power, from McKinsey & Co. to the White House to Goldman Sachs Group Inc. But it was a ...
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