Fathom Holdings Inc. Q2 Loss Decreases, Beats Estimates

Fathom Holdings Inc. (FTHM) released Loss for second quarter that decreased from last year and beat the Street estimates.

The company's earnings totaled -$1.29 million, or -$0.07 per share. This compares with -$4.35 million, or -$0.27 per share, in last year's second quarter.

Analysts on average had expected the company to earn -$0.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 10.9% to $89.21 million from $100.09 million last year.

Fathom Holdings Inc. earnings at a glance (GAAP) :

-Earnings (Q2): -$1.29 Mln. vs. -$4.35 Mln. last year.
-EPS (Q2): -$0.07 vs. -$0.27 last year.
-Revenue (Q2): $89.21 Mln vs. $100.09 Mln last year.

by RTTNews Staff Writer

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