RE/MAX Holdings Inc - Ordinary Shares - Class A

NYSE:RMAX   3:59:40 PM EDT
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Other Pre-Announcement, Mergers / Acquisitions

Re/Max Holdings Sees Q3 Revenue In A Range Of $69.0 Mln To $71.0 Mln

Published: 09/21/2020 20:58 GMT
RE/MAX Holdings Inc - Ordinary Shares - Class A (RMAX) - Re/max Holdings Provides Third Quarter 2020 Guidance and Announces the Acquisition of Gadberry Group.
Sees Q3 Revenue in a Range of $69.0 Million to $71.0 Million.
Sees Q3 Adjusted EBITDA in a Range of $28.0 Million to $30.0 Million.
No Financial Details Concerning Gadberry Group Acquisition Were Disclosed.
Deal Consideration Paid Was Comprised of Cash and Company's Stock.
Expects Acquisition of Gadberry Group to Have a Negligible Impact to Its Q3 2020.
Expects Acquisition of Gadberry Group to Accretive to Adjusted EBITDA and Adjusted EPS Beginning in 2022.
Sees Q3 2020 Revenue $69 Million to $71 Million.