RealPage Reports Third Quarter 2020 Financial Results
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RealPage (RP) Tops Q3 EPS by 7c, Revenues Beat; Offers 4Q & FY20 EPS Guidance Above Consensus, Provides FY20 Revenue Outlook Above Consensus
November 5, 2020 5:18 PM ESTRealPage (NASDAQ: RP) reported Q3 EPS of $0.52, $0.07 better than the analyst estimate of $0.45. Revenue for the quarter came in at $298.1 million versus the consensus estimate of $291.84 million.
Third Quarter 2020 Financial Highlights
GAAP total revenue of $298.1 million, an increase of 17% year-over-year;Net income of $16.3 million, or $0.16 in net income per diluted share, a year-over-year increase of 40% and 33%, respectively;Adjusted EBITDA of $86.2 million, an increase of 19% year-over-year; and,Non-GAAP net income of $52.2 million, or $0.52 in non-GAAP net income per diluted share, a year-over-year increase of 22% and 16%,... More