Good morning, everyone. Our strong performance in the fourth quarter capped a year of exceptional growth, as we generated strong double-digit increases in revenues, pretax earnings and adjusted EBITDA in 2018.
Newmark continued to significantly outpace the industry and capture market share, driven by robust quarterly results across virtually all of our business lines and by a 20% year-over-year quarterly improvement in revenue per producer. Nearly 90% of our topline growth for the quarter was organic, as we continued to attract leading professionals across all of our business lines.
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