Marcus & Millichap: 2Q Earnings Snapshot
CALABASAS, Calif. (AP) _ Marcus & Millichap Inc. (MMI) on Tuesday reported second-quarter earnings of $22.2 million.
The Calabasas, California-based company said it had net income of 56 cents per share.
The commercial real estate brokerage firm posted revenue of $199.4 million in the period.
Marcus & Millichap shares have increased 22 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $39.87, an increase of 56 percent in the last 12 months.