DOUGLAS ELLIMAN DL-,01 Aktie

Douglas Elliman reported a Q2 2026 net loss of $2.7 million ($0.03 per share) versus $22.7 million a year earlier on revenue of $283.4 million, an 8.6% increase on a comparable basis. Cash on hand rose to $121 million at the end of July and the company has no long-term liabilities. Management cites AI, data monetization, its lending business and international expansion as growth levers; the stock reacted slightly positive in pre-market trading but remains well below its 52-week high. » More on de.investing.com

Douglas Elliman stock lost about 12.3% in premarket trading after announcing a company-wide, AI-based technology transformation. The brokerage firm plans to reshape the traditional brokerage business, cut non-commission-based expenses and, through the newly founded intelligence company Elius on a Google Cloud basis, create its own data products and new revenue streams. The rollout of Google Cloud and the development of Elius are to be financed from existing resources; the company reports more than $100 million in cash and no long-term liabilities. » More on de.investing.com

Douglas Elliman is launching Elius, a new intelligence company built on Google Cloud, to transform its technology infrastructure and deploy AI-driven automation to reduce non-commission operating expenses over the next three years. Elius will use proprietary data from the luxury real estate sector to develop intelligence capabilities and new products and revenue streams beyond the traditional brokerage business. Initial funding will come from existing resources; the company reports over $100 million in cash, no long-term liabilities, but says development is still in an early stage and that timelines and implementation scope may vary. » More on de.investing.com

At Douglas Elliman’s annual meeting, Michael S. Liebowitz and Mark D. Zeitchick were elected to the board of directors; there were substantial abstentions and 13,202,845 broker non-votes. Shareholders confirmed EisnerAmper LLP as the independent auditor for the fiscal year ending December 31, 2026 (73,917,755 votes for, 3,006,249 against). In the advisory vote on executive compensation, 34,611,231 shares voted in favor, 21,224,428 against and 7,954,183 abstained. Douglas Elliman also reported an adjusted loss of $0.14 per share for the first quarter and revenue fell to $214.3 million, partly due to the exit of the property management business. » More on de.investing.com

According to a mandatory SEC filing, Douglas Elliman has dismissed Deloitte & Touche LLP as its independent auditor effective immediately and appointed EisnerAmper LLP for the fiscal year ending December 31, 2026. Deloitte’s audit reports for 2024 and 2025 contained no disclaimers, modifications or disagreements, and no reportable events were indicated. The company emphasizes that there were no consultations or disagreements with EisnerAmper prior to the appointment. » More on de.investing.com