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State: 02.04.2025 | 5PM
Wed, 15.01.2025       Compass

NEW YORK, Jan. 15, 2025 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), the largest residential real estate brokerage in the United States by sales volume1, announces an update to its Q4 2024 and full-year 2024 outlook ahead of its participation at the Needham Growth Conference this morning.

"In a year where resale transactions are expected to approach a 29 year-low, Compass is on track to deliver record Adjusted EBITDA and free cash flow for the full-year 2024, and expects to be above the high-end of its previously announced Q4 2024 outlook. In the quarter, Compass recruited over 650 principal agents organically, which is a 50% improvement from the year-ago period. These results highlight Compass' ability to continue to outperform the market, while still maintaining OPEX discipline," said Compass Founder & CEO Robert Reffkin.

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