RE/MAX Holdings (RMAX) Reports Q1 EPS of $0.39

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Go back to RE/MAX Holdings (RMAX) Reports Q1 EPS of $0.39

RE/MAX Holdings Reports First Quarter 2016 Results

May 5, 2016 4:01 PM EDT

DENVER, May 5, 2016 /PRNewswire/ -- 

First Quarter 2016 Highlights(Compared to first quarter 2015 unless otherwise noted)

Agent count grew by 6.8% to 106,708 agents Revenue decreased 2.9% to $42.9 million; revenue would have increased 4.7% after adjusting for the sale of the Company-owned brokerage offices Operating income grew by 3.5% to $15.9 million Adjusted EBITDA1 increased 14.0% to $21.4 million Adjusted EBITDA margin expanded to 49.8%, up from 42.4% Adjusted basic and diluted EPS1 were both $0.39 per share Announced $0.15 quarterly dividend on May 5, 2016

RE/MAX Holdings, Inc. (the "Company" or "RE/MAX")... More