Consolidated internal revenues measured in local currencies were up 46% (note 3), versus prior year quarter results on robust transaction activity, particularly in industrial and multifamily asset classes. Colliers International Group Inc TORONTO and LONDON and NEW YORK, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Leading diversified professional services and investment management company, Colliers (NASDAQ and TSX: CIGI), announced today it. It is recommended that you join 10 minutes prior to the event start (although you may register and dial in at any time during the call). TORONTO AND PHOENIX, May 09, May 09, 2023 (GLOBE NEWSWIRE via COMTEX) -- ", "The professionals at HILGARTWILSON are well-respected market leaders that provide us with local expertise and longstanding client relationships while enhancing our capabilities in the Arizona market," said Kevin L. Haney, PE, President and CEO, CED. About Colliers 2022-04-25 | TSX:CIGI | Press Release | Colliers - Stockhouse Colliers' report 'Enabling net-zero Built Environment' discusses decarbonization of built sector for a sustainable future. Find the latest press releases from Colliers International Group Inc. Unilever has descended into a vortex of immorality: Pressure mounts on consumer goods giant to exit Russia, He paid off five figures of student debt by selling books, Heres how many Diet Cokes youd have to drink daily to get too much aspartame. Reconciliation of net earnings to adjusted EBITDA: Adjusted EBITDA is defined as net earnings, adjusted to exclude: (i) income tax; (ii) other expense (income); (iii) interest expense; (iv) the settlement of the LTIA; (v) depreciation and amortization, including amortization of mortgage servicing rights (MSRs); (vi) gains attributable to MSRs; (vii) acquisition-related items (including contingent acquisition consideration fair value adjustments, contingent acquisition consideration-related compensation expense and transaction costs); (viii) restructuring costs and (ix) stock-based compensation expense. Unallocated global corporate costs as reported in Adjusted EBITDA were $11.5 million in the fourth quarter, relative to $5.4 million in the prior year quarter, with the change primarily attributable to performance-based incentive compensation accruals recorded in the current year period compared to zero in the prior year period. Our method of calculating this non-GAAP measure may differ from other issuers and, accordingly, this measure may not be comparable to measures used by other issuers. With operations in 66 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. Forward-looking statements include the Companys financial performance outlook and statements regarding goals, beliefs, strategies, objectives, plans or current expectations. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Percentage revenue variances presented on a local currency basis are calculated by translating the current period results of our non-US dollar denominated operations to US dollars using the foreign currency exchange rates from the periods against which the current period results are being compared. Remember the Beanie Babies craze? GAAP diluted net earnings per share were $0.92, versus $0.80 in the prior year quarter. Additional information and risk factors are identified in the Companys other periodic filings with Canadian and US securities regulators (which factors are adopted herein and a copy of which can be obtained at www.sedar.com). To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. A reconciliation of net earnings to adjusted net earnings and of diluted net earnings per share to adjusted EPS appears below. The corporate GAAP operating loss for the quarter was $30.4 million relative to a loss of $42.5 million in the fourth quarter of 2020, with the prior year period impacted by contingent acquisition consideration expense related to acquisitions completed during the past three years. As such, the interest (net of tax) on the Convertible Notes is added to the numerator and the additional shares issuable on conversion of the Convertible Notes are added to the denominator of the earnings per share calculation to determine if an assumed conversion is more dilutive than no assumption of conversion. The average daily trading volume on the TSX from January 1, 2023 to June 30, 2023 was 66,248 Subordinate Voting Shares. About ColliersColliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. "As leaders in our region, our success is a result of deep relationships earned by executing stellar projects. TORONTO, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ and TSX: CIGI) ("Colliers" or the "Company") today announced that results for the fourth quarter and full. 877-627-3772 The Next Generation of Engineering Maser Consulting, a national multi-discipline engineering design firm, is pleased to announce the completion of its rebranding as Colliers. With annual revenues of $4.5 billion and $81 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors, and our people. Colliers Announces Normal Course Issuer Bid - GlobeNewswire For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. (C) Copyright 2023 GlobeNewswire, Inc. All rights reserved. Colliers International Becomes an Independent Public Company - SEC.gov GAAP operating earnings were $138.4 million, up from $79.4 million in the prior year quarter. Additional information and risk factors are identified in the Companys other periodic filings with Canadian and US securities regulators (which factors are adopted herein and a copy of which can be obtained at www.sedar.com). Stockhouse membership requires an email address which must be shared by Facebook. Colliers Reports First Quarter Results - MarketWatch Forward-looking statements include the Company's financial performance outlook and statements regarding goals, beliefs, strategies . Christian Mayer The notice provides that Colliers may, during the twelve month period commencing July 20, 2023 and ending no later than July 19, 2024, purchase through the facilities of the TSX, alternative Canadian Trading Systems or The NASDAQ Stock Market (Nasdaq”) up to 4,000,000 Subordinate Voting Shares in total, being approximately 10% of the 40,066,978 shares comprising the public float” as of July 17, 2023 of such class of shares. Type a symbol or company name. Press Release Distribution and Management - GlobeNewswire Colliers is Wisconsin's largest. Download TORONTO, July 12, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX & NASDAQ: CIGI) ("Colliers" or the "Company") today announced that results for the second quarter ended June 30, 2023 will be issued by press release on August 2, 2023 at approximately 7:00am ET. Except as required by applicable law, Colliers undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. Download 06/01/2023 Our method of calculating adjusted EBITDA may differ from other issuers and accordingly, this measure may not be comparable to measures used by other issuers. The business will rebrand and be fully integrated into CED's operations. Adjusted EBITDA was $95.2 million, up 44% (36% in local currency) versus $66.3 million in the prior year. TORONTO, May 16, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") announced today that after more than 33 years of service, Peter F. Cohen has retired from the Colliers Board of Directors. Colliers delivered very strong fourth quarter results with full year revenues exceeding the $4 billion milestone, said Jay S. Hennick, Global Chairman & CEO of Colliers. Colliers | WeWork India and real estate giant Bhutani Group enters long Adjusted EBITDA growth was driven by revenue growth but affected by (i) significant incremental performance-based incentive compensation expense calculated based on year over year growth in operating results, and (ii) higher discretionary and variable costs relative to reduced costs during the pandemic-impacted prior year quarter. Additional information and risk factors are identified in the Company’s other periodic filings with Canadian and US securities regulators (which factors are adopted herein and a copy of which can be obtained at www.sedar.com). NotesNon-GAAP Measures1. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn. The if-converted method is dilutive for the adjusted EPS calculation for all periods presented. Contact the source provider Comtex at editorial@comtex.com. For the full year ended December 31, 2021, revenues were $4.09 billion, up 47% (44% in local currency) relative to the same period in the prior year, adjusted EBITDA (note 1) was $544.3 million, up 51% (48% in local currency) versus prior year and adjusted EPS (note 2) was $6.18, up 48% versus prior year. With a deep understanding of the market and analysis of the requirement, Colliers identified . We present adjusted EBITDA as a supplemental measure because we believe such measure is useful to investors as a reasonable indicator of operating performance because of the low capital intensity of the Companys service operations. We believe this measure is useful to investors because it provides a supplemental way to understand the underlying operating performance of the Company and enhances the comparability of operating results from period to period. The notice provides that Colliers may, during the twelve month period commencing July 20, 2023 and ending no later than July 19, 2024, purchase through the facilities of the TSX, alternative Canadian Trading Systems or The NASDAQ Stock Market (Nasdaq) up to 4,000,000 Subordinate Voting Shares in total, being approximately 10% of the 40,066,978 shares comprising the public float as of July 17, 2023 of such class of shares. Forward-looking statements include the Companys financial performance outlook and statements regarding goals, beliefs, strategies, objectives, plans or current expectations. Founded in 2009, HILGARTWILSON employs approximately 200 engineers, licensed surveyors, and other professionals operating from three offices in the Phoenix metropolitan area to support the development of the rapidly expanding Arizona area. The company has moved to a larger office space at Tablespace in the prominent micro-market of Kalyani Nagar owing to ambitious growth plans. (4)Net debt for financial leverage ratio excludes restricted cash, warehouse credit facilities and convertible notes, in accordance with debt agreements. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of 20% for shareholders. Here you can find the companys latest financial figures, contact information, and source version of the press release to stay ahead of the market for value generation. September 21, 2021 Colliers Engineering & Design www.colliersengineering.com maraliese.beveridge@colliersengineering.com 877-627-3772 Colliers Engineering & Design, a national multi-discipline. Revenue growth was driven by a rebound in activity across all service lines, led by Capital Markets. Colliers Press Release - Colliers International - SLIDELEGEND.COM Weitere Informationen darber, wie wir Ihre personenbezogenen Daten nutzen, finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. We also use them to share usage information with our partners. After submitting your request, you will receive an activation email to the requested email address. For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. Type a symbol or company name. Except as required by applicable law, Colliers undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. The actual number of Subordinate Voting Shares which may be purchased pursuant to the NCIB and the timing of any such purchases will be determined by senior management of Colliers. A simultaneous audio webcast and replay will be accessible at corporate.colliers.com in the Events section. Consolidated revenues for the fourth quarter of 2021 increased 48% on a local currency basis, driven by strong growth across all service lines and in all geographies. Such factors include: economic conditions, especially as they relate to commercial and consumer credit conditions and consumer spending, particularly in regions where our business may be concentrated; commercial real estate property values, vacancy rates and general conditions of financial liquidity for real estate transactions; trends in pricing and risk assumption for commercial real estate services; the effect of significant movements in average capitalization rates across different property types; a reduction by companies in their reliance on outsourcing for their commercial real estate needs, which would affect revenues and operating performance; competition in the markets served by the Company; the ability to attract new clients and to retain major clients and renew related contracts; the ability to retain and incentivize producers; increases in wage and benefit costs; the effects of changes in interest rates on the cost of borrowing; unexpected increases in operating costs, such as insurance, workers compensation and health care; changes in the frequency or severity of insurance incidents relative to historical experience; the effects of changes in foreign exchange rates in relation to the US dollar on the Companys Canadian dollar, Euro, Australian dollar and UK pound sterling denominated revenues and expenses; the impact of pandemics on client demand for the Companys services, the ability of the Company to deliver its services and the health and productivity of its employees; the impact of global climate change; the impact of political events including elections, referenda, trade policy changes, immigration policy changes, hostilities and terrorism on the Companys operations; the ability to identify and make acquisitions at reasonable prices and successfully integrate acquired operations; the ability to execute on, and adapt to, information technology strategies and trends; the ability to comply with laws and regulations related to our global operations, including real estate and mortgage banking licensure, labour and employment laws and regulations, as well as the anti-corruption laws and trade sanctions; and changes in government laws and policies at the federal, state/provincial or local level that may adversely impact the business. Create a Reader Account today to follow the industries and companies that interest you, and customize your news dashboard. The if-converted method is used if the impact of the assumed conversion is dilutive. July 17, 2023 16:30 ET Terms of the transaction were not disclosed. During the period of this NCIB, Colliers may make purchases under the NCIB by means of open market transactions or otherwise as permitted by the Ontario Securities Commission, Canadian Securities Administrators and/or Nasdaq. February 10, 2022 07:00 ET Colliers International Group Inc Colliers to announce fourth quarter and full year results - GlobeNewswire Is there a problem with this press release? When autocomplete results are available use up and down arrows to review and enter to select. All amounts are in US dollars. By default, joining or signing in using your Facebook account will work and the email address will be shared by Facebook automatically. 2. Adjusted EPS is calculated using the if-converted method of calculating earnings per share in relation to the Convertible Notes, which were issued on May 19, 2020. Additional information and risk factors are identified in the Companys other periodic filings with Canadian and US securities regulators (which factors are adopted herein and a copy of which can be obtained at www.sedar.com). Colliers Engineering & Design BizSpotlight - Dallas Business Journal Colliers International Group Inc. Fourth quarter and full year operating highlights: TORONTO, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ and TSX: CIGI) (Colliers or the Company) today announced operating and financial results for the fourth quarter and year ended December 31, 2021. Colliers Reports Very Strong Fourth Quarter Results - GlobeNewswire Adjusted EBITDA was $95.1 million, up 37% (37% in local currency), relative to $69.5 million in the prior year. Daily purchases under the NCIB will be limited to 16,562 Subordinate Voting Shares, other than block purchases. Colliers International Group Inc. Subordinate Voting Shares (CIGI) - Nasdaq Inspiring growth aspirations By the end of 2025, Colliers aspires to more than double its profitability from 2020, with at least 65% of earnings coming from recurring revenues. ft. 3. Revenues in the Asia Pacific region totalled $219.1 million for the fourth quarter compared to $162.6 million in the prior year quarter, up 35% (36% in local currency). Colliers | Occupiers & developers step up towards net-zero journey Whats my next move? TORONTO, July 17, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) (Colliers) announced today that the Toronto Stock Exchange (the TSX) has accepted a notice TORONTO, July 12, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX & NASDAQ: CIGI) (Colliers or the Company) today announced that results for the second quarter ended June 30, TORONTO, June 01, 2023 (GLOBE NEWSWIRE) -- Colliers(NASDAQ and TSX: CIGI) released its third annual Impact Report today, highlighting progress towards realizing a more sustainable and equitable TORONTO, May 16, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") announced today that after more than 33 years of service, Peter F. Cohen has retired TORONTO, May 16, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") announced today that its Board of Directors has declared a semi-annual cash dividend TORONTO AND PHOENIX, May 09, 2023 (GLOBE NEWSWIRE) -- Global professional services and investment management firm, Colliers (NASDAQ and TSX: CIGI), today announced that its Colliers Engineering Growth in high value recurring revenues improves balance and resilience First quarter operating highlights: Three months endedMarch 31(in millions of US$, except TORONTO and SYDNEY, Australia, May 02, 2023 (GLOBE NEWSWIRE) -- Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that TORONTO, April 28, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") announced today that it has increased the total commitments under its unsecured TORONTO and AUCKLAND, New Zealand, April 12, 2023 (GLOBE NEWSWIRE) -- Global diversified professional services and investment management company Colliers (NASDAQ, TSX: CIGI) announced today it has Colliers Announces Normal Course Issuer Bid, Colliers to Announce Second Quarter Results on August 2, 2023, Colliers releases annual Global Impact Report, Colliers Announces Changes to Board of Directors, Colliers adds leading Southwest engineering firm, Colliers announces $250 million increase to Credit Facility, Colliers acquires New Zealands leading project manager. GAAP operating earnings were $63.7 million, versus $40.7 million in 2020. Colliers Reports Third Quarter Results - GlobeNewswire "Our strategic investment in HILGARTWILSON brings us one step closer to our ambition of becoming a national, multi-discipline engineering services provider owned jointly with the professionals who serve clients every day," said Elias Mulamoottil, Co-Chief Investment Officer of Colliers. Relative to 2019 pre-pandemic peak levels, fourth quarter 2021 Capital Markets revenues were up 60% on an internal local currency basis, while Leasing revenues were up 12%. Colliers previous NCIB authorized the purchase of up to 3,500,000 Subordinate Voting Shares and expires on July 19, 2023. With annual revenues of $4.6 billion and $92 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors, and our people. NEWS RELEASE For further information, please contact: Robin Vitols The Rodie Company Phone: 602-810-4120 Email: [email protected] The Arbors Apartments in Tempe Sells for $21.3 Million Colliers International Negotiates Sale of Tempe Apartment Complex Phoenix, August 25, 2016 - Colliers International of Greater Phoenix has negotiated the $21.3 million sale of The Arbors at 5th Apartments .
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