RealPage, Inc. (RP) reported net income for the first quarter of $1.0 million, or $0.01 per share, compared to $1.7 million, or $0.02 per share, for the year-ago quarter.
Excluding items, adjusted net income for the latest first quarter was $9.98 million, or $0.13 per share, up from $7.64 million or $0.10 per share in the comparable quarter last year.
Total revenue for the fourth quarter rose to $88.98 million from $74.42 million a year ago.
On average, ten analysts polled by Thomson Reuters expected the company to earn $0.13 per share on revenue of $88.88 million for the first quarter. Analysts' estimates typically exclude special items.
Looking forward to the second quarter, the company forecast adjusted revenue of $93.5 million to $95.0 million and adjusted earnings of $10.1 million to $10.7 million, or $0.13 to $0.14 per share. Analysts currently expect the company to earn $0.14 per share on revenue of $94.38 million for the second quarter.
For the calendar year 2013, the company forecast adjusted revenue of $384.0 million to $390.0 million and adjusted earnings of $43.9 million to $45.7 million, or $0.57 to $0.60 per share. Analysts currently expect the company to earn $0.59 per share on revenue of $385.57 million for the full year 2013.
Earlier, the company expected adjusted revenue of $382.0 million to $390.0 million for the full year 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.