secwatch.observer — SEC 8-K summary
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Issuer:     eXp World Holdings, Inc. (EXPI)
CIK:        0001495932
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001558370-23-013201
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

eXp World Holdings reports Q2 revenue down 13% to $1.2B; net income $9.4M, EPS $0.06
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- Revenue $1.2B (-13% YoY); net income $9.4M, diluted EPS $0.06 (flat YoY).
- Adjusted EBITDA $24.7M; generated $64.6M adjusted operating cash flow.
- Agent count 88,248 (+7%); transactions 137,199 (-9%); transaction volume $48.6B (-16%).
- International realty revenue rose 35% to an all-time record; dividend raised to $0.05/share.
- Repurchased ~$48.8M of common stock during Q2; cash & equivalents $124.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495932/000155837023013201/0001558370-23-013201-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495932/000155837023013201/expi-20230803x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-013201

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