today. everyone Thank you, Len, us and to thank joining you
Before globe. we the thanking Cushman around I'd professionals start speak & Wakefield incredibly to quarter, team of our to talented the by again like
Your more hard return more the work the to to and office. people as we've year pay continues off over seen past
results we quarter day are another reported clients Wakefield. expertise, Cushman Our see those benefit & from strong your as for proud every and we to very
year. fee as are $X.X We in experienced billion to very pleased with revenue of consolidated prior XX% momentum second quarter the the continued improved compared
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and geographies Before making signs progress to I'd of about world. the activity is And providing commentary world like we different seeing disrupt parts Despite the the pandemic. in property toward economic continues markets, across this, our resiliency, fluid. situation make the on although The of recovery. what encouraging we are remains few herd are comments certain a pandemic seeing to
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capital markets. to Turning
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year and across functions and These significant profitability are our efficiency a we year become organization am million optimization leaner, As ranging even match in These will ago. build an additional of our marketplace, to million technology. strategic provide better automation entire and discussed cost we $XXX realign us to the year. the on track focused agility second our delivered enable permanent faster, began actions just leverage before to our of that initiatives to business business strategically permanent savings of service in last include the initiatives efficient organization from of to on in our these advantage is pandemic on deliver speed report operating prior model enhance streamlining the pleased more savings the and which to business to I compared a that with the are calls, improve operating we $XXX a XXXX, in the initiatives organization. top delivery of the through are work
Lastly, provide I I'd turn call like the comments Neil, to to pipeline. acquisition a on over before our few
also we expect There and come that our be to asset, team firms across will runway a a opportunistic stands and and important a completed an record as pillar, deploy our merger. a having result is infill capabilities & terms have consolidation billion which $X.X that fill strategic of M&A a is of in platform a M&A I or Wakefield, our the industry-leading acquisition in firms always, Cushman acquisitions of both of that lines. white a hires. position, growing remains and liquidity long full-service years We integration this can brokerage valuable at as M&A is global to a while scale, the result demonstrated track additional space hires. As on one advantage reemphasize of distinct of the since direct also global of possess deals few and portion brokerage broker key talent growth significant like will to and service for believe accretive We geographies a XX onboarding. solutions
resulting the that, well inorganically are to deleveraging our are our competitive to recovery We in advantage, EBITDA. strong of detail Overall, simultaneously liquidity pleased position, our we global ways, Neil extremely while let value significant call shareholder in Neil? our including to with positioned quarter. growth our leverage drive allowing operating with and the many and grow the me to turn And adjusted first XXXX. over to half us
