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Bridgemarq Real Estate Services Inc.

09:42 AM EST - Bridgemarq Real Estate Services Inc. : Released its second quarter consolidated financial results. Revenue in the second quarter amounted to $12.8 million, compared to the $13.8 million generated in the second quarter of 2022, due to weakness in the Canadian Market partly offset by an increase in the Company's network of REALTORS® over the past year. The Company generated net earnings of $1.1 million or $0.12 per Share, compared to net earnings of $11.3 million or $0.36 per Share in 2022, primarily due to a loss on the fair value of Exchangeable Units compared to a gain last year. Bridgemarq Real Estate Services Inc. shares T.BRE are trading unchanged at $15.73.