eXp Holdings, Inc. (NASDAQ:EXPI) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET

Company Participants

Denise Garcia - IR
Glenn Sanford - Founder, Chairman & CEO, eXp World Holdings and CEO, eXp Realty
Leo Pareja - Chief Strategy Officer, eXp Realty
Kent Cheng - Principle Financial Officer and Chief Accounting Officer of eXp World Holdings

Conference Call Participants

Jonathan Bass - Stephens
Tom White - D.A. Davidson
Matt Filek - William Blair
Soham Bhonsle - BTIG

Denise Garcia

Good afternoon, and welcome to eXp World Holdings' First Quarter 2024 Earnings Fireside Chat via live stream and our metaverse on the web, Frame. My name is Denise Garcia, and I manage Investor Relations for eXp World Holdings.

Today, we will begin with our earnings fireside chat with prepared remarks from Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings; and Leo Pareja, CEO of eXp Realty; followed by a review of the first quarter 2024 financial highlights presented by Kent Cheng, Principal Financial Officer and Chief Accounting Officer of eXp World Holdings. Following our prepared remarks, we will open the call to a Q&A session with eXp World Holdings covering analysts and questions submitted to eXp.

Let's begin with a review of the safe harbor. There will be a number of forward-looking statements made today that should be considered in conjunction with the cautionary statements contained in the company's SEC filings. Forward-looking statements are subject to various risks and uncertainties that could cause our actual results to differ materially from these statements.

Please see our filings with the SEC, including our most recent filed annual report on Form 10-K and quarterly reports on Form 10-Q, for a description of specific risks that may affect our business performance and financial condition. We assume no obligation to update or revise any forward-looking information. As a reminder today’s call is being recorded and a reply will also be made available on expworldholdings.com.

Now for a few logistics and then we'll get started. For those of you joining in Frame today, to zoom into a specific screen, you can click on that screen and then click zoom in. If that content on that screen disappears or if you lose audio, simply refresh your page. While in Frame, if you need help, just use the help button at the bottom right.

If you wish to ask a question during our presentation, you can enter your questions by scanning the QR code presented on this screen with your mobile phone, or go to slido.com and type the event code EXPI. From there, you can submit a question or vote up an existing question by giving a thumbs up if you'd also like that question to be asked. The screen will remain up and on the right-hand side of this page for the duration of our presentation.