RealPage (RP) Reports In-Line Q1 EPS, Offers Q2 and FY Guidance

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RealPage Reports First Quarter 2019 Financial Results

May 6, 2019 4:03 PM EDT

RICHARDSON, Texas--(BUSINESS WIRE)-- RealPage, Inc. (NASDAQ: RP), a leading global provider of software and data analytics to the real estate industry, today announced financial results for the first quarter ended March 31, 2019.

First Quarter 2019 Financial Highlights

GAAP total revenue of $234.3 million, an increase of 16% year-over-year; Net income of $11.3 million, or $0.12 in net income per diluted share, a year-over-year increase of 3% and decrease of 8%, respectively; Adjusted EBITDA of $65.2 million, an increase of 20% year-over-year; and Non-GAAP net income of $37.6 million, or $0.40 in... More