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. » Más en 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. » Más en 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. » Más en de.investing.com