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Colliers International Group Inc.

09:56 AM EST - Colliers International Group Inc. : Reported operating and financial results for its second quarter ended June 30, 2018. All amounts are in U.S. dollars. Revenues for the second quarter were $667.4 million, a 14% increase (11% in local currency) relative to the same quarter in the prior year, adjusted EBITDA was $69.4 million, up 15% (10% in local currency) and adjusted EPS was $0.95, a 23% increase versus the prior year quarter. GAAP operating earnings were $45.6 million, relative to $41.2 million in the prior year period. GAAP diluted net earnings per common share was $0.60 in the quarter, versus $0.29 per share for the same quarter a year ago. Colliers International Group Inc. shares T.CIGI are trading up $1.95 at $107.30.