Categorized | eXp, News

Agents Increased 180% – Second Quarter Results

eXp World Holdings, Inc. Reports Record Second Quarter 2017 Financial Results Revenues in the second quarter of 2017 increased 198% to $39.6 million, compared to $13.3 million in the same year-ago quarter.

Sequentially, this represents growth of 80% when compared to $22.0 million in the first quarter of 2017.
Net income in the second quarter of 2017 increased to $3.2 million, or $0.05 per diluted share, compared to net loss of $6.0 million, or $(0.12) per diluted share in the same year-ago quarter.

“We expect the pace of growth to continue in the second half of 2017, as we leverage the viral growth aspect of the eXp Realty model and growing our brand throughout North America”. Glenn Sanford, CEO

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