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Mar 31, 2023
eXp World Q1 2023 Earnings Report
eXp World reported results for Q1 2023, which included positive net income and a decrease in revenue compared to the same quarter last year.
Key Takeaways
eXp World Holdings reported a decrease in revenue by 16% to $850.6 million, a net income of $1.5 million, and agent count grew 12% year over year to over 87,000. The company declared a cash dividend of $0.045 per share for Q2 2023.
Revenue decreased 16% to $850.6 million.
Net income was $1.5 million, with earnings per diluted share at $0.01.
Agent count increased by 12% year-over-year, reaching 87,327 agents.
International Realty segment achieved record revenue with 52% year-over-year growth.
Forward Guidance
eXp World Holdings did not provide specific forward guidance in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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