Fathom Holdings Inc. (FTHM) Reports In-Line Q2 EPS, withholds guidance

Fathom Holdings Inc. (NASDAQ: FTHM) reported Q2 EPS of ($0.07), in-line with the analyst estimate of ($0.07). Revenue for the quarter came in at $89.2 million versus the consensus estimate of $87.86 million.

In light of the recent introduction of two new revenue share models and their yet-to-be-determined impact on future revenues and Adjusted EBITDA, the Company has elected to withhold guidance for the third quarter ending September 30, 2024. Management plans to reassess and potentially reinstate guidance expectations in the fourth quarter of 2024, allowing time to evaluate the performance of these new models.

For earnings history and earnings-related data on Fathom Holdings Inc. (FTHM) click here.

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