Walker & Dunlop sees record revenue increase in Q2 report

Bethesda-based commercial real estate financing company Walker & Dunlop Inc. saw total revenues increase a record 26% in the second quarter according to figures released in an earnings statement Wednesday. Total revenues were $252.8 million and net income for the second quarter of 2020 was $62.1 million, or $1.95 per diluted share, both up 47% from the second quarter of last year. Second quarter 2020 adjusted EBITDA1 was $48.4 million, down 23% over the same period in 2019. (Daily Record)

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