10:57 AM EST - Colliers International Group Inc. : Reported operating and financial results for its first quarter ended March 31, 2018. All amounts are in U.S. dollars. Revenues for the first quarter were $552.5 million, an 18% increase (14% in local currency) relative to the same quarter in the prior year. Adjusted EBITDA was $36.1 million, up 16% (14% in local currency) and Adjusted EPS was $0.45, a 25% increase versus the prior year quarter. First-quarter adjusted EPS would have been approximately $0.01 lower excluding foreign exchange impacts. GAAP operating earnings were $15.7 million, relative to $12.8 million reported in the prior-year period. Colliers International Group Inc.
shares T.CIGI are trading up $7.04 at $94.25.
