Realogy Holdings Corp. (RLGY), is the largest full-service residential real estate services company in the United States, which owns companies such as; Coldwell Banker, Century 21, Sotheby’s and Better Homes & Garden, just to name a few. Recently, Realogy Holdings Corp., reported financial results for the 1st Q 2019 (2nd Q not published) the report included the following highlights:
- Revenue was $1.1 billion, a decrease of 9% compared to the first quarter in 2018
- Net loss was $99 million compared to net loss of $67 million for the first quarter of 2018.
- Adjusted net loss per share was $0.67 compared with adjusted net loss per share of $0.38 in the first quarter of 2018
- In the first quarter of 2019, Realogy generated free cash flow of negative $172 million. The company reported net cash used in operating activities of $103 million in the first quarter of 2019 compared with $130 million in the first quarter of 2018.
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