earnings
confidence high
sentiment positive
materiality 0.65
eXp World Holdings Q2 revenue up 5% to $1.295B; adj. EBITDA +22%
eXp World Holdings, Inc.
2024-Q2 EPS reported
-$0.02
revenue$2,238,298,000
- Revenue $1.295B (+5% YoY); net income $11.8M ($0.08 diluted EPS) vs $11.4M ($0.07).
- Adjusted EBITDA $32.8M (+22% YoY); operating costs down 4% YoY to $79.0M.
- Agents 87,111 (-1%); transaction volume $51.9B (+7%); 120,613 transactions (+1%).
- Declared Q3 dividend $0.05/share, payable Aug 30 to holders of record Aug 14.
- Share repurchases $48.2M in Q2; cash $108.4M vs $124.7M YoY.