Real Brokerage Shares Jump After Q3 Loss Narrows, Revenue Increases

MT Newswires Live

2024/11/07

Real Brokerage (REAX) shares were up over 10% in recent Thursday trading after the company's Q3 loss narrowed and revenue increased.

Analyst estimates were not available for comparison.

The company reported a Q3 loss of $0.01 per diluted share, narrower than a loss of $0.02 a year earlier.

Revenue for the quarter ended Sept. 30 rose to $372.5 million from $214.6 million a year earlier.

Three analysts surveyed by Capital IQ expected $346.8 million.

Price: 6.21, Change: +0.57, Percent Change: +10.11

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