RE/MAX Holdings (RMAX) Tops Q1 EPS by 1c, Provides FY Outlook
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RE/MAX Holdings Reports First Quarter 2015 Results
May 7, 2015 4:02 PM EDTDENVER, May 7, 2015 /PRNewswire/ --
First Quarter 2015 Highlights
(Compared to the first quarter 2014 unless otherwise noted)
Agent count grew by 5.9% to 99,955 agents Revenue grew by 5.6% to $44.2 million Adjusted EBITDA1 of $18.7 million, up 17.2% Adjusted EBITDA1 margin of 42.4%, up from 38.2% Adjusted basic and diluted earnings per share1 ("EPS") of $0.33 and $0.32, respectively FX negatively impacted Q1 Adjusted EBITDA margin by 382 basis points and Adjusted basic and diluted EPS by approximately $0.04 Announced quarterly dividend of $0.125 per share Converted six owned brokerage offices to... More