Compass, Inc. (NYSE:COMP) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET
Company Participants
Soham Bhonsle – Head of Investor Relations
Robert Reffkin – Founder & CEO
Kalani Reelitz – CFO
Conference Call Participants
Chris Kuntarich – UBS
Steven Hromin – Oppenheimer & Co
Bernie McTernan – Needham & Company
Michael Ng – Goldman Sachs
Elizabeth Langan – Barclays.
Operator
Ladies and gentlemen, thank you for joining us and welcome to Compass, Inc.’s First Quarter 2025 Earnings Call. [Operator Instructions] I will now hand the conference over to Compass’ Head of Investor Relations, Soham Bhonsle. Please go ahead.
Soham Bhonsle
Thank you very much operator, and good afternoon everybody, and thank you for joining the Compass First Quarter 2025 Earnings Call. Joining us today will be Robert Reffkin, our Founder and CEO; and Kalani Reelitz, our Chief Financial Officer. In discussing our company’s performance, we will refer to some non-GAAP measures. You can find the reconciliation of these non-GAAP measures to the most directly comparable GAAP measures in our first quarter 2025 earnings release posted on our Investor Relations website. We will make forward-looking statements that are based on our current expectations, forecasts and assumptions and involve risks and uncertainties.
These statements include our guidance for the second quarter of 2025 and full-year 2025, including comments related to our expected financial results, operating expenses and free cash flow as well as our expectations for operational achievements. Our actual results may differ materially from these statements. You can find more information about risks, uncertainties and other factors that could affect our results in our most recent annual report on Form 10-K and quarterly reports on Form 10-Q filed with the SEC and available on our Investor Relations website. You should not place undue reliance on any forward-looking statements. All information in this presentation is as of