eXp World Holdings' (EXPI) CEO Glenn Sanford on Q2 2020 Results - Earnings Call Transcript

Aug. 08, 2020 2:49 PM ETeXp World Holdings, Inc. (EXPI) StockEXPI
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Q2: 2020-08-05 Earnings Summary

EPS of $0.06 beats by $0.05
 | Revenue of $353.53M (32.55% Y/Y) beats by $54.00M

eXp World Holdings, Inc. (NASDAQ:EXPI) Q2 2020 Earnings Conference Call August 6, 2020 11:00 AM ET

Company Participants

RJ Jones – Executive Vice President-Finance and Growth
Glenn Sanford – Chief Executive Officer
Jeff Whiteside – Chief Financial Officer
Michael Valdes – Executive Vice President-International Growth

Conference Call Participants

John Campbell – Managing Director-Stephens

RJ Jones

Hi, everyone. Welcome to the VirBELA Open Campus. Thank you for joining us for today’s question-and-answer session with eXp World Holdings leadership on the results of our Second Quarter 2020. Joining us today are CEO, Glenn Sanford; our CFO, Jeff Whiteside; John Campbell, Managing Director, Stephens; and our special guest, Executive Vice President of International Growth, Michael Valdes. Today we’re going to have a Q&A session, which will be hosted and led by John Campbell. And then at the end, we will likely have some time for some open question and answers from the audience. You’re welcome also to submit questions to our Slido session with the #expi.

I’d like to direct your attention to the left screen that has our statement of regarding forward-looking statements. Anything that we state today regarding forward-looking information is made as of this date and we undertake no obligation to update those statements going forward.

And with that I’d like to welcome or turn it over to John Campbell, who’ll be your host for the first part of question and answers. John?

Question-and-Answer Session

Q - John Campbell

Yes. Thanks, RJ. So, yes, absolute pleasure to be here today. It’s interesting to be able to see the world and VirBELA hosted World and it’s been a pleasure watching the performance of late. I think you guys have now beat the top line expectations, I think, 10 straight quarters by about 10% on average. So, really good results. Obviously, the stock price has reacted positively of late. But I was talking to investors that day, I

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