secwatch.observer — SEC 8-K summary
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Issuer:     eXp World Holdings, Inc. (EXPI)
CIK:        0001495932
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001558370-24-006374
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495932/000155837024006374/0001558370-24-006374-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495932/000155837024006374/expi-20240501x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-006374

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