FILING ANALYSIS · THURSDAY, NOVEMBER 5
Real REMAX Group Inc. REAX — 8-K: Results of Operations and Financial Condition
neutral
The company reported a 28% year-over-year revenue increase to $728 million and a 66% increase in adjusted EBITDA to $34 million, with $40 million in annualized cost savings actioned within two months of closing the RE/MAX acquisition, but also reported a GAAP net loss of $67 million and faces challenges in the housing market, including increased agent attrition.
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