secwatch.observer — SEC 8-K summary
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Issuer:     RE/MAX Holdings, Inc. (RMAX)
CIK:        0001581091
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0000950170-23-058223
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RE/MAX Q3 revenue falls 8.7% to $81.2M, net loss of $59.5M; suspends dividend
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- GAAP loss per share $3.28 vs income $0.01 a year ago; adjusted EPS $0.40 vs $0.56.
- Adjusted EBITDA $26.7M, down 15.0% YoY; margin 32.9% vs 35.4%.
- Recorded $55M settlement for industry class-action lawsuits; dividend suspended.
- Total agent count up 0.7% to 145,309 but U.S./Canada down 3.9% to 81,782.
- Q4 revenue guidance $74-79M; FY 2023 revenue narrowed to $323-328M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581091/000095017023058223/0000950170-23-058223-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581091/000095017023058223/rmax-20231102.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-058223

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer