DENVER (AP) — DENVER (AP) — RE/MAX Holdings Inc. (RMAX) on Thursday reported a loss of $2.6 million in its fourth quarter.
On a per-share basis, the Denver-based company said it had a loss of 14 cents. Earnings, adjusted for one-time gains and costs, were 41 cents per share.
The franchisor of residential real estate brokerages posted revenue of $81.3 million in the period.
For the year, the company reported profit of $4.8 million, or 26 cents per share. Revenue was reported as $353.4 million.
For the current quarter ending in March, RE/MAX said it expects revenue in the range of $82 million to $87 million.
The company expects full-year revenue in the range of $315 million to $335 million.
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