RE/MAX Holdings (RMAX) Tops Q1 EPS by 2c, Offers Guidance

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RE/MAX Holdings Reports First Quarter 2017 Results

May 4, 2017 4:01 PM EDT

DENVER, May 4, 2017 /PRNewswire/ --

First Quarter 2017 Highlights(Compared to first quarter 2016 unless otherwise noted)

Total agent count grew by 6.6% to 113,804 agents U.S. and Canada combined agent count increased 3.9% to 83,277 agents Revenue increased 12.4% to $48.2 million Net income attributable to RE/MAX Holdings, Inc. of $4.9 million and earnings per diluted share (GAAP EPS) of $0.28 Adjusted EBITDA1 of $22.5 million, Adjusted EBITDA margin1 of 46.6% and Adjusted earnings per diluted share (Adjusted EPS1) of $0.40 Announced $0.18 quarterly dividend on May 3, 2017

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