Realogy Holdings Corp. reported strong Q3 2020 financial results, with a 20% increase in revenue to $1.9 billion, net income of $145 million from continuing operations, and Operating EBITDA of $309 million, driven by higher transaction volume and strong performance in mortgage and title operations. The company also reduced net debt by $276 million.
Generated revenue of $1.9 billion, a 20% increase year-over-year.
Reported Net income of $145 million from continuing operations.
Generated Operating EBITDA of $309 million, a $103 million increase year-over-year.
Reduced net debt by $276 million compared to the third quarter of 2019.
The company expects to continue to prioritize investing in its business and reducing leverage over other potential uses of cash.
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