RE/MAX Holdings (RMAX) Reports Q4 EPS of $0.38
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February 25, 2016 4:01 PM EST
DENVER, Feb. 25, 2016 /PRNewswire/ --
Full-Year 2015 Highlights(Compared to full-year 2014 unless otherwise noted)
Agent count grew by 7.0% to 104,826 agents
Revenue grew by 3.4% to $176.9 million
Operating Income grew by 16.2% to $74.2 million
Adjusted EBITDA1 of $91.4 million, up 9.1%
Adjusted EBITDA1 margin of 51.7%, up from 49.0%
Adjusted basic and diluted earnings per share1 ("EPS") of $1.65 and $1.64, respectively
FX negatively impacted full-year 2015 Adjusted EBITDA by $5.3 million, Adjusted EBITDA margin by 179 basis points and Adjusted basic and diluted EPS by approximately $0.11
100% franchised business after converting the remaining owned brokerage...
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February 24, 2016 6:20 PM EST
DENVER, Feb. 24, 2016 /PRNewswire/ --Â RE/MAX Holdings, Inc. (NYSE: RMAX), one of the world's leading franchisors of real estate brokerage services, announced today that its Board of Directors raised the Company's quarterly dividend by 20% to $0.15 per share.
"As part of our commitment to return capital to shareholders, our board has approved a 20 percent increase to our quarterly dividend," said Dave Liniger, Chief Executive Officer and Co-Founder of RE/MAX. "We have now increased our quarterly dividend by 140 percent in the last two years. Our ability to raise our... More
