RealPage Reports Third Quarter 2019 Financial Results
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RealPage (RP) Reports In-Line Q3 EPS, Revenues Beat; Offers Q4 & FY19 Revenue Guidance Below Consensus
November 6, 2019 4:46 PM ESTRealPage (NASDAQ: RP) reported Q3 EPS of $0.45, in-line with the analyst estimate of $0.45. Revenue for the quarter came in at $255.2 million versus the consensus estimate of $254.31 million.
Third Quarter 2019 Financial Highlights
GAAP total revenue of $255.2 million, an increase of 13% year-over-year;Net income of $11.7 million, or $0.12 in net income per diluted share, a year-over-year increase of 29% and 33%, respectively;Adjusted EBITDA of $72.1 million, an increase of 22% year-over-year; andNon-GAAP net income of $42.6 million, or $0.45 in non-GAAP net income per diluted share, a year-over-year increase of 20% and 18%,... More