Real Reports Q1 Revenue of $465.6M, Acquires RE/MAX
Reports Q1 revenue $465.6M, consensus $481.87M. "Real delivered another quarter of significant growth, with revenue increasing 32% year-over-year, demonstrating the continued strength of our platform and agent value proposition," said Tamir Poleg, Chairman and Chief Executive Officer. "The agreement to acquire RE/MAX Holdings Inc. represents a defining moment in our history and in our industry - by combining Real's technology-driven brokerage with one of the industry's most iconic and trusted brands we will create the preeminent real estate platform of the future."
