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Compass has recruited the second-largest Coldwell Banker teams in Denver and Seattle. They are the 51st and 52nd agents or teams to move from Coldwell Banker to Compass this year.
Operator: Good day, everyone, and welcome to the Compass Second Quarter 2023 Earnings Call. I would now like to turn the conference over to Richard Simonelli, VP of Investor Relations.
Compass' 2Q revenue dropped 26 percent year over year to $1.5 billion, according to an earnings call Monday.
COMP earnings call for the period ending June 30, 2023.
Compass reported a free cash flow of $51 million in Q2, making good on its promises from a year earlier.