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Stock impact report

The RMR Group Inc. Announces Second Quarter Fiscal 2022 Results

The RMR Group Inc. - Class A (RMR) 
NASDAQ:AMEX Investor Relations: rmrgroup.com/investors-and-media/default.aspx
Company Research Source: Business Wire
Net Income of $0.39 Per Diluted Share, a 30% Increase from Last YearAdjusted Net Income of $0.50 Per Diluted Share, a 35% Increase from Last Year$37.7 Billion in Total AUM, with Managed Private Real Estate Capital AUM Increasing to $3.9 Billion NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended March 31, 2022.Adam Portnoy, President and Chief Executive Officer, made the following statement regarding the second quarter fiscal 2022 results:“For the second fiscal quarter, RMR reported management and advisory services revenue of $49.3 million, a 17% increase from last year, reflecting early success in growing our private capital business and the execution of strategic growth and repositioning strategies at our Managed REITs. Similarly, Net income, Adjusted net income and Adjusted EBITDA all were in line with our second quarter guidance and each measure exceeded prior year results by at least 22%, fueled pr Show less Read more
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