May we have your opinion on the Q?
Thanks
EPS of $0.013 beat estimates of ($0.007) and revenues of $16.039M beat estimates of $14.961M. The company posted positive Adjusted EBITDA of $1.7M and improved its net revenue margins. This marked the first sequential growth in revenues in seven quarters, it announced new channels and clients across Canada and in its US Appraisal and US Title segments, and while one quarter does not make a trend, it could mark the beginning of a reversal in the company's operations. It is trading at a cheap valuation and has been repurchasing a lot of its shares. If the trend of margin expansion and sequential revenue growth continues, we feel this could cause the price to appreciate. Overall, an encouraging quarter for REAL.