eXp World Holdings Q1 rev up 11% to $943M; net loss $15.6M incl antitrust provision

eXp World Holdings, Inc.

2024-Q1 EPS reported -$0.10 revenue$943,054,000

Net loss of $15.6M vs net income $1.5M YoY; diluted EPS loss $0.10.
Adjusted EBITDA of $11.0M down 24% YoY; adjusted net loss $2.4M vs adj income $2.0M.
Revenue rose 11% to $943M; transaction volume up 12% to $37.2B; agent count down 2% to 85,780.
Declared $0.05/sh dividend payable May 27, 2024; repurchased $33M in Q1.
Recorded $16M antitrust contingency provision ($11.4M after tax).

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.92

eXp World Holdings, Inc. reported financial results for the first quarter ended March 31, 2024.

Period: the first quarter ended March 31, 2024
Result: reported results

Exact text from the filing

On May 1, 2024, eXp World Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2024. A copy of the Company’s press release is attached hereto as Exhibit 99.1.

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eXp World Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-24-006374

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