eXp World Holdings, Inc. (NASDAQ:EXPI) Q1 2026 Earnings Call Transcript

eXp World Holdings, Inc. (NASDAQ:EXPI) Q1 2026 Earnings Call Transcript May 11, 2026

eXp World Holdings, Inc. beats earnings expectations. Reported EPS is $-0.03, expectations were $-0.05.

Jesse Hill: [Audio Gap] Productivity drove more agents to reach their cap in Q1, resulting in a gross profit of $75.3 million. Operating loss of $8.8 million for the quarter improved 15% year-over-year from a loss of $10.4 million last year, primarily driven by improvements we made to streamline our...