Colliers International Group Inc.

09:46 AM EST - Colliers International Group Inc. : Reported operating and financial results for its third quarter ended September 30, 2018. All amounts are in U.S. dollars. Revenues for the third quarter were $715.7 million, a 16% increase (17% in local currency) relative to the same quarter in the prior year, adjusted EBITDA was $72.7 million, up 31% (33% in local currency) and adjusted EPS was $0.92, a 39% increase versus the prior year quarter. Third-quarter adjusted EPS would have been approximately $0.01 higher excluding foreign exchange impacts. GAAP operating earnings were $42.0 million, relative to $34.5 million in the prior year period. GAAP diluted net earnings per common share was $0.41 in the quarter, versus $0.16 per share for the same quarter a year ago. Colliers International Group Inc. shares T.CIGI are trading up $1.32 at $82.98.