RE/MAX Holdings (RMAX) Reports Q2 EPS of $0.46
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RE/MAX Holdings Reports Second Quarter 2016 Results
August 4, 2016 4:01 PM EDTDENVER, Aug. 4, 2016 /PRNewswire/ --
Second Quarter 2016 Highlights(Compared to second quarter 2015 unless otherwise noted)
Total agent count grew by 7.9% to 109,960 agents U.S. and Canada combined agent count increased 4.5% to 81,971 agents Revenue of $43.4 million, down 2.0% from the prior-year quarter; revenue would have increased 5.3% after adjusting for the sale of the Company-owned brokerage offices Net income attributable to RE/MAX Holdings, Inc. of $7.0 million and earnings per diluted share (GAAP EPS) of $0.39 Adjusted EBITDA1 of $24.9 million, Adjusted EBITDA margin of 57.4% and Adjusted earnings... More