RMR Group Reports Q1 Earnings

RMR Group Reports Q1 Earnings of $6.3 Million, Adjusted EPS of 35 Cents

NEWTON, Mass.--(BUSINESS WIRE)--RMR Group Inc. (RMR) today announced earnings of $6.3 million for the first quarter of fiscal 2023, reflecting net income per share of 38 cents. Adjusted for non-recurring gains, earnings were 35 cents per share.

During the quarter, the real estate management services provider generated revenue of $219.5 million.

"We are pleased with our financial performance in the first quarter," said CEO Adam Portnoy. "Our earnings growth was driven by solid contributions from our core businesses."

For more information on RMR Group's financial results, access the Zacks stock report: https://www.zacks.com/ap/RMR

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RMR Group Reports Q1 Earnings

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