DENVER (AP) — DENVER (AP) — RE/MAX Holdings Inc. (RMAX) on Tuesday reported earnings of $4.7 million in its second quarter.
The Denver-based company said it had net income of 23 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 39 cents per share.
The franchisor of residential real estate brokerages posted revenue of $72.8 million in the period.
For the current quarter ending in September, RE/MAX said it expects revenue in the range of $71 million to $76 million.
The company expects full-year revenue in the range of $290 million to $296 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RMAX at https://www.zacks.com/ap/RMAX
