Realogy Reports First Quarter 2021 Financial Results
MADISON, N.J. , April 29, 2021 |PRNewswire| -- Realogy Holdings Corp. (NYSE: RLGY ), the largest full-service residential real estate services company in the United States , today reported financial results for the first quarter ended March 31, 2021. "Realogy delivered a very powerful first quarter. We generated a record $162 million in Operating EBITDA, grew closed transaction volume by 44% year over year, continued to expand market share, and improved our balance sheet to its best position ever," said Ryan Schneider , Realogy's chief executive officer and president. "Our strategic actions are enabling Realogy affiliated agents and franchise owners to better capitalize on the dynamic housing market as we continue to move fast, innovate, and invest for future growth." "We are off to a phenomenal start to 2021, delivering the strongest first quarter top and bottom line results in Realogy's history," said Charlotte Simonelli , Realogy's executive vice president, chief financial officer, and treasurer. "We delivered strong operational and financial execution, and we continued to drive cost efficiencies and reduced net leverage as we demonstrate continued success." First Quarter 2021 Highlights Generated revenue of $1.5 billion , an increase of 32% or $379 million year-over-year.
Realogy Reports First Quarter 2021 Financial Results
MADISON, N.J. , April 29, 2021 |PRNewswire| -- Realogy Holdings Corp. (NYSE: RLGY ), the largest full-service residential real estate services company in the United States , today reported financial results for the first quarter ended March 31, 2021. "Realogy delivered a very powerful first quarter. We generated a record $162 million in Operating EBITDA, grew closed transaction volume by 44% year over year, continued to expand market share, and improved our balance sheet to its best position ever," said Ryan Schneider , Realogy's chief executive officer and president. "Our strategic actions are enabling Realogy affiliated agents and franchise owners to better capitalize on the dynamic housing market as we continue to move fast, innovate, and invest for future growth." "We are off to a phenomenal start to 2021, delivering the strongest first quarter top and bottom line results in Realogy's history," said Charlotte Simonelli , Realogy's executive vice president, chief financial officer, and treasurer. "We delivered strong operational and financial execution, and we continued to drive cost efficiencies and reduced net leverage as we demonstrate continued success." First Quarter 2021 Highlights Generated revenue of $1.5 billion , an increase of 32% or $379 million year-over-year.