eXp World Holdings Earnings Call Signals Mixed Progress
eXp World Holdings (AGNT) reported Q3 revenue of $1.4B, up 6% YoY, with gross profit also increasing 6% to $91M. Agent base grew 5% to 87.5K, and transactions rose 8% to 131K. However, operating income fell 23% due to higher legal costs and a challenging housing market. The company reduced guidance, citing elevated mortgage rates and softer demand. International revenue grew 27%, but the segment remained loss-making.



