Fathom Holdings Reports First Quarter 2024 Results [Yahoo! Finance]
Fathom Holdings Inc. (FTHM)
Company Research
Source: Yahoo! Finance
CARY, N.C. May 9, 2024 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, today reported financial results for the first quarter ended March 31, 2024 "We made progress during the first quarter towards achieving our 2024 goals despite seasonality and broader industry challenges that continue to impact our results," remarked Marco Fregenal, CEO of Fathom. "Gross margin increased to 10.3% during the quarter, which positions Fathom well to reaching positive EBITDA and operational cash flow going forward. Moreover, the recent sale of Dagley Insurance Agency marks a significant milestone in fortifying our financial position and supporting our agent growth strategy. The infusion of capital from this transaction equips us with vital resources to tackle potential challenges with confidence and
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FTHM
News
- Fathom Congratulates Amanda Langford on Appointment to The SHRM Executive NetworkPR Newswire
- Fathom Holdings Inc. (NASDAQ: FTHM) had its price target lowered by analysts at DA Davidson from $4.50 to $3.00. They now have a "buy" rating on the stock.MarketBeat
- Fathom Holdings Inc. (NASDAQ:FTHM) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Fathom Holdings Inc. (NASDAQ: FTHM) had its price target lowered by analysts at Stephens from $4.00 to $2.50. They now have an "overweight" rating on the stock.MarketBeat
- Fathom Holdings Inc. (NASDAQ: FTHM) had its price target lowered by analysts at B. Riley from $12.00 to $8.00. They now have a "buy" rating on the stock.MarketBeat
FTHM
Earnings
- 5/9/24 - Miss
FTHM
Sec Filings
- 5/15/24 - Form 4
- 5/14/24 - Form 4
- 5/13/24 - Form 10-Q
- FTHM's page on the SEC website