RE/MAX Holdings (RMAX) Reports In-Line Q4 EPS, Revenues Beat; Offers Q1 & FY19 Revenue Guidance Above Consensus
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RE/MAX Holdings Reports Fourth Quarter And Full-Year 2018 Results
February 21, 2019 4:19 PM ESTDENVER, Feb. 21, 2019 /PRNewswire/ --
Full-Year 2018 Highlights (Compared to full-year 2017 unless otherwise noted)
Total agent count increased 4.4% to 124,280 agents U.S. and Canada combined agent count increased 0.2% to 84,449 agents Total open Motto Mortgage franchises more than doubled to 78 offices Revenue increased 9.8% to $212.6 million Net income attributable to RE/MAX Holdings, Inc. of $27.0 million and earnings per diluted share (GAAP EPS) of $1.52 Adjusted EBITDA1 of $104.3 million, Adjusted EBITDA margin1 of 49.1% and Adjusted earnings per diluted share (Adjusted EPS1) of $2.25Fourth Quarter 2018 Highlights (Compared to... More
