RE/MAX Holdings (RMAX) Tops Q2 EPS by 3c
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RE/MAX Holdings Reports Second Quarter 2018 Results
August 2, 2018 4:10 PM EDTDENVER, Aug. 2, 2018 /PRNewswire/ --
Second Quarter 2018 Highlights(Compared to second quarter 2017 unless otherwise noted)
Total agent count increased 5.9% to 123,082 agents U.S. and Canada combined agent count increased 1.8% to 85,861 agents Over 90 Motto franchises sold and over 60 Motto franchises opened from inception to date Revenue increased 11.4% to $54.3 million Net income attributable to RE/MAX Holdings, Inc. of $7.6 million and earnings per diluted share (GAAP EPS) of $0.43 Adjusted EBITDA1 of $28.7 million, Adjusted EBITDA margin1 of 53.0% and Adjusted earnings per diluted share (Adjusted... More