Anywhere posts net loss of $13M
Update: 2025-11-04
Description
Anywhere Real Estate reports a net loss of $13 million in Q3, despite a 6% revenue increase to $1.6 billion. The company's luxury brands drive growth with a 12% increase in transaction volume and a 30% rise in high-end home sales. However, employee stock awards expenses cut earnings by $24 million, down to $100 million from last year. Anywhere continues to reduce debt, cutting revolver balance by $195 million, and is on track to cut $100 million in costs this year.
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