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Marcus & Millichap's (MMI) CEO Hessam Nadji on Q4 2017 Results - Earnings Call Transcript

Mar. 08, 2018 10:44 PM ETMarcus & Millichap, Inc. (MMI) Stock
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Marcus & Millichap Inc. (NYSE:MMI) Q4 2017 Earnings Conference Call March 8, 2018 5:00 PM ET


Evelyn Infurna – Managing Director of Investor Relations

Hessam Nadji – President and Chief Executive Officer

Marty Louie – Chief Financial Officer


Mitch Germain – JMP Securities

Peter Christiansen – Citibank

Stephen Sheldon – William Blair

Blaine Heck – Wells Fargo


Greetings, and welcome to the Marcus & Millichap Fourth Quarter 2017 Earnings Conference Call. At this time, all participants are in listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It’s now my pleasure to introduce your host, Evelyn Infurna, Managing Director of Investor Relations. Thank you, Ms. Infurna. You may begin.

Evelyn Infurna

Thank you. Good afternoon, and welcome to Marcus & Millichap’s fourth quarter 2017 earnings conference call. With us today are President and Chief Executive Officer, Hessam Nadji; and Chief Financial Officer, Marty Louie.

Before I turn the call over to management, please remember that our prepared remarks and responses to questions may contain forward-looking statements. Words such as may, will, expect, believe, estimate, anticipate, goal and variation of these words and similar expressions are intended to identify forward-looking statements.

Actual results could differ materially from those implied by such forward-looking statements due to a variety of factors, including, but not limited to, general economic conditions and commercial real estate market conditions; the Company’s ability to retain and attract transactional professionals; the Company’s ability to retain its business philosophy and partnership culture amid competitive pressures; the Company’s ability to integrate new agents and sustain its growth and other factors discussed in the Company’s public filings, including its Annual Report on Form 10-K, which will be filed with the Securities and Exchange Commission on March 16, 2018.

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