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RE/MAX: Q1 Earnings Snapshot

By AP News - May 04, 2023, 06:30 PM ET

Last Updated - Jun 21, 2023, 10:35 PM EDT

DENVER (AP) — DENVER (AP) — RE/MAX Holdings Inc. (RMAX) on Thursday reported a loss of $671,000 in its first quarter.

The Denver-based company said it had a loss of 4 cents per share. Earnings, adjusted for one-time gains and costs, came to 26 cents per share.

The franchisor of residential real estate brokerages posted revenue of $85.4 million in the period.

For the current quarter ending in June, RE/MAX said it expects revenue in the range of $79 million to $84 million.

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