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Stock impact report

eXp World Holdings Reports Fourth-Quarter and Full-Year 2018 Financial Results

eXp World Holdings, Inc. (EXPI) 
NASDAQ:AMEX Investor Relations: expworldholdings.com
Company Research Source: GlobeNewswire
BELLINGHAM, Wash., March 18, 2019 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (NASDAQ: EXPI), the holding company for eXp Realty and eXp World Technologies, today announced financial results for the fourth quarter and full year ended Dec. 31, 2018. eXp World Holdings Fourth-Quarter 2018 Financial Summary Revenue increased 212% in the fourth quarter to a $150.4 million, compared to $48.2 million in the fourth quarter of 2017.Gross profit grew 96% to $10.3 million in the fourth quarter of 2018, compared to $5.2 million in the fourth quarter of 2017.Adjusted EBITDA (a non-GAAP financial measure) was $(1.1) million in the fourth quarter of 2018, compared to $(2.1) million in the fourth quarter of 2017.Net loss was $5.2 million, or $(0.09) per diluted share in the fourth quarter of 2018, compare Show less Read more
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