Compass loses $4.6M, issues bullish forecast for Anywhere deal
Update: 2025-11-04
Description
Compass, the real estate giant, closed out a strong third quarter with a 24% revenue jump to $1.85 billion, surpassing the market's pace. The company added a record 851 new principal agents and plans to recruit 700-800 per quarter. Despite a $4.6 million net loss, primarily due to merger expenses, Compass expects positive free cash flow for the seventh consecutive quarter. The company is set to merge with Anywhere Real Estate for $1.6 billion, aiming for over $300 million in cost synergies.
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