Compass, Inc. (COMP) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for joining us and welcome to Compass, Inc.' 's first quarter 2025 earnings call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please raise your hand using the bar at the bottom of your screen and please unmute yourself when speaking. If you have dialed in to today's call, please press star nine to raise your hand and star six to unmute. I will now hand the conference over to Compass's head of investor relations, Soham Bosele. Please go ahead. 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 Refkin, our founder and CEO, and Kalani Ruletz, our Chief Financial Officer. In discussing your 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 the 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 plac...