The RMR Group Inc. Announces First Quarter Fiscal 2025 Financial Results

Newton, MA (February 5, 2025) – The RMR Group Inc. (Nasdaq: RMR) revealed its financial outcomes for the fiscal quarter concluding on December 31, 2024. The company reported net income per share of $0.38, Adjusted Net Income per share of $0.35, and Distributable Earnings per share of $0.46. These financial metrics align with the company’s forecasts, which included continued cost containment measures to offset challenges that affected Managed Equity REIT revenues.

Moreover, the company concluded the quarter with nearly $150 million in cash on hand. In January, they further enhanced their financial flexibility by establishing a $100 million credit facility to bolster their capacity for investing in private capital growth initiatives. Adam Portnoy, President, and CEO of The RMR Group, emphasized the company’s sound performance amid ongoing challenges.

The RMR Group is a notable U.S. alternative asset management firm with a primary focus on commercial real estate and associated businesses. Backed by over 1,000 real estate experts in more than 35 offices nationwide, the company manages assets exceeding $40 billion. Their operations benefit from a well-structured platform, a seasoned management team, and a broad spectrum of direct real estate strategies across clients.

A conference call to discuss RMR’s first-quarter results is scheduled for February 6, 2025, at 10:00 a.m. Eastern Time. Interested parties can access the call by dialing (844) 481-2945 or (412) 317-1868 (for international callers). The conference call does not require a passcode. Additionally, a replay will be available for one week by dialing (877) 344-7529, with the replay passcode 7377332. A live audio webcast will be accessible in listen-only mode on RMR’s website, www.rmrgroup.com, with an archived webcast available after the call.

The RMR Group’s fiscal first-quarter results reflect stability amid challenges, showcasing resilience and strategic financial management in uncertain times. For more information on The RMR Group, visit www.rmrgroup.com.END_OF_TEXT

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read The RMR Group’s 8K filing here.

The RMR Group Company Profile

The RMR Group Inc, through its subsidiary, The RMR Group LLC, provides asset management services in the United States. The company offers management services to its four publicly traded real estate investment trusts, three real estate operating companies, and private capital vehicles. It also provides advisory services to publicly traded mortgage real estate investment trust.