RE/MAX Q1 revenue down 8.3% to $78.3M; GAAP EPS loss $0.18, agent count declines

RE/MAX Holdings, Inc.

Total revenue $78.3M, down 8.3% YoY; GAAP diluted EPS loss $0.18.
Adjusted EBITDA $19.0M, down 4.7% YoY; Adjusted EPS $0.20 vs $0.26.
Total agent count 143,287, down 236 (0.2%); U.S./Canada down 4.3% to 78,955.
Q2 2024 guidance: revenue $75-80M, Adj. EBITDA $24-27M.
FY 2024 guidance: revenue $300-320M, Adj. EBITDA $90-100M.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

RE/MAX Holdings, Inc. reported the quarter ended March 31, 2024 results: revenue $78.3 million, net income $3.4 million, EPS $0.18.

Period: the quarter ended March 31, 2024
Revenue: $78.3 million
Net income: $3.4 million
EPS: $0.18
Result: reported results

Exact text from the filing

RE/MAX HOLDINGS, INC. REPORTS FIRST QUARTER 2024 RESULTS Total Revenue of $78.3 Million

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RE/MAX Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-24-056386

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