RMR Group (RMR) Misses Q3 EPS by 3c

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The RMR Group Inc. Announces Third Quarter Fiscal 2017 Results

August 9, 2017 7:00 AM EDT

Revenues of $55.5 million, a 6.3% Increase Compared to Last Year

NEWTON, Mass.--(BUSINESS WIRE)-- The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended June 30, 2017.

Adam Portnoy, President and Chief Executive Officer, made the following statement regarding the third quarter fiscal 2017 results:

During the quarter ended June 30, 2017, RMR was active assisting its client companies to grow their businesses and simultaneously pursuing our long term goal to diversify revenues.

"During the quarter, one of our managed... More