Reports Q2 revenue $540.75M, consensus $482.48M. “This quarter marks a pivotal moment for Real, as we proudly announce our first-ever quarter of positive net income,” said Tamir Poleg, Real’s Chairman and Chief Executive Officer. “This milestone is a testament to the scalability of our technology and the efficiency of our operating model. We continue to make progress across our ecosystem, including expanding the utility of Real Wallet for our agents, and the significant potential unlocked by our recent acquisition of Flyhomes’ consumer home search portal. Our commitment to building a differentiated, high-value platform that attracts top talent and empowers real estate professionals positions us well for continued long-term growth and success.”
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on REAX:
- Strategic Acquisition of Flyhomes Enhances Real Brokerage’s Technological Edge and Expands Home Financing Solutions
- Real Brokerage Acquires Flyhomes’ AI Technology to Enhance Home Buying Experience
- Real Brokerage acquires Flyhomes’ consumer home search technologu
- Real Brokerage initiated with a Buy at B. Riley
- Real Brokerage Unveils $150 Million Share Buyback Program
