Our first quarter results were a continuation of a trend we have consistently seen over the past year, driving better-than-expected expense management to deliver positive margin and profit performance.

May 2, 2025 / CFO / receipt, needs a key / Kerry Callahan, CFO | earnings call 2025-05-02 | transcript 2e02babc-8ac4-49f9-b75c-5d3eb1462ff6 | chars 10063-10264 | segment 10

Third quarter 2022 selling, operating, and administrative expenses decreased primarily due to acquisition-related expenses lower personnel costs excluding restructuring charges, and reduced headcount, partially offset by restructuring charges, increased travel and events expenses, and higher legal expenses.

Nov 4, 2022 / CFO / receipt, needs a key / Kerry Callahan, CFO | earnings call 2022-11-04 | transcript 7cbf633d-1978-4321-8a33-65a3f8da62b4 | chars 15796-16104 | segment 16

Adjusted EBITDA also increased due to incremental revenue from fewer agent recruiting initiatives and a price increase in REMAX continuing franchise fees, offset by increased travel costs in our real estate segment and by continued investment in WEMO within our mortgage segment.

Feb 24, 2022 / CFO / receipt, needs a key / Kerry Callahan, CFO | earnings call 2022-02-24 | transcript 47d588c5-11f6-404a-9c7b-b3fdd043d13b | chars 14762-15041 | segment 14

While our staff travel is picking up in response to the importance of in-person events and training that our customers are now eager to participate in, our spending levels remain well behind our pre-pandemic levels in 2019.

Nov 23, 2021 / CFO / receipt, needs a key / Kerry Callahan, CFO | earnings call 2021-11-23 | transcript 4db87d5d-e6a5-4c81-b655-8f45a881c638 | chars 16614-16837 | segment 17