Earnings release
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News Release For Immediate Release Operating highlights : Colliers Reports Robust Second Quarter Results Strong momentum prompts further increase to 2021 financial outlook ( in millions of US $ , except EPS ) Revenues Adjusted EBITDA ( note 1 ) Adjusted EPS ( note 2 ) GAAP operating earnings GAAP diluted EPS Three months ended June 30 2021 946.0 $ 136.6 1.58 ( 385.8 ) * ( 10.53 ) * COMPANY CONTACTS : Jay S. Hennick Chairman & Chief Executive Officer Christian Mayer Chief Financial Officer ( 416 ) 960-9500 2020 Colliers 550.2 60.0 0.70 14.5 ( 0.26 ) Six months ended June 30 2021 1,720.9 228.7 2.64 ( 345.8 ) * ( 10.80 ) * * Includes $ 471.9 million settlement of Long - Term Incentive Arrangement with the Company's Chairman & CEO . $ 2020 1,180.8 114.4 1.25 33.1 ( 0.14 ) TORONTO , Canada , August 4 , 2021 - Colliers International Group Inc. ( NASDAQ and TSX : CIGI ) ( " Colliers " or the " Company " ) today announced operating and financial results for the second quarter ended June 30 , 2021. All amounts are in US dollars . For the quarter ended June 30 , 2021 , revenues were $ 946.0 million , up 72 % ( 64 % in local currency ) relative to the same quarter in the prior year which was materially impacted by the early stages of the COVID - 19 pandemic . Adjusted EBITDA ( note 1 ) was $ 136.6 million , up 128 % ( 116 % in local currency ) and adjusted EPS ( note 2 ) was $ 1.58 , up 126 % versus the prior year period . Second quarter adjusted EPS would have been approximately $ 0.10 lower excluding foreign exchange impacts . The GAAP operating loss