Marcus & Millichap, Inc. (MMI) Q1 2025 Earnings Name Transcript

Marcus & Millichap, Inc. (NYSE:MMI) Q1 2025 Earnings Convention Name Could 7, 2025 10:30 AM ET

Firm Members

Jacques Cornet – IR
Hessam Nadji – President and CEO
Steve DeGennaro – CFO

Convention Name Members

Younger Ku – Wells Fargo

Operator

Greetings and welcome to Marcus & Millichap’s First Quarter 2025 Earnings Convention Name. As a reminder, this name is being recorded.

I might now like to show the convention over to your host, Jacques Cornet. Thanks, you might start.

Jacques Cornet

Thanks, operator. Good morning and welcome to Marcus and Millichap’s first quarter 2025 earnings convention name. With us immediately are President and Chief Government Officer, Hessam Nadji, and Chief Monetary Officer, Steve DeGennaro.

Earlier than I flip the decision over to administration, please do not forget that our ready remarks and the responses to questions might include forward-looking statements. Phrases resembling might, will, count on, imagine, estimate, anticipate, objective, and variations of those phrases and comparable expressions are meant to establish forward-looking statements.

Precise outcomes can differ materially from these implied by such forward-looking statements as a consequence of a wide range of components, together with however not restricted to common financial situations and industrial actual property market situations, the corporate’s means to retain and entice transactional professionals, the corporate’s means to retain its enterprise philosophy and partnership tradition amid aggressive pressures, the corporate’s means to combine new brokers and maintain its development, and different components mentioned within the firm’s public filings, together with its annual report on Kind 10-Ok filed with the Securities and Change Fee on February 27, 2025.

Though the corporate believes the expectations mirrored in such forward-looking statements are based mostly upon cheap assumptions, it could possibly make no assurance that its expectations shall be attained. The corporate undertakes no obligation to replace any forward-looking assertion, whether or not on account of new info, future occasions, or in any other case.