Marcus & Millichap, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 154.79 million compared to USD 319.46 million a year ago. Net loss was USD 5.83 million compared to net income of USD 32.78 million a year ago.

Basic loss per share from continuing operations was USD 0.15 compared to basic earnings per share from continuing operations of USD 0.82 a year ago. Diluted loss per share from continuing operations was USD 0.15 compared to diluted earnings per share from continuing operations of USD 0.81 a year ago.