secwatch.observer — SEC 8-K summary
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Issuer:     RE/MAX Holdings, Inc. (RMAX)
CIK:        0001581091
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001104659-23-056017
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RE/MAX Q1 revenue $85.4M (-6.2% YoY), net loss $0.7M, Adjusted EBITDA $19.9M (-28.6%)
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- Total revenue $85.4M, down 6.2% YoY; revenue ex-Marketing Funds $64.1M, down 6.0%.
- GAAP net loss $0.7M ($0.04 loss per diluted share); Adjusted EPS $0.26 vs $0.51 prior year.
- US/Canada agent count fell 3.1% to 82,521; global total rose 0.8% to 143,523.
- Q2 2023 guidance: revenue $79-84M, Adj. EBITDA $24.5-27.5M; FY2023 revenue $315-335M, Adj. EBITDA $95-105M.
- Board declared $0.23 quarterly dividend payable May 31; $62.5M remains under share repurchase program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581091/000110465923056017/0001104659-23-056017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581091/000110465923056017/tm2314652d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-056017

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