DENVER (AP) — DENVER (AP) — RE/MAX Holdings Inc. (RMAX) on Thursday reported a loss of $2 million in its first quarter.
On a per-share basis, the Denver-based company said it had a loss of 10 cents. Earnings, adjusted for one-time gains and costs, came to 24 cents per share.
The franchisor of residential real estate brokerages posted revenue of $74.5 million in the period.
For the current quarter ending in June, RE/MAX said it expects revenue in the range of $70 million to $75 million.
The company expects full-year revenue in the range of $290 million to $310 million.
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