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News Release Colliers COMPANY CONTACTS : Jay S. Hennick Global Chairman & Chief Executive Officer Christian Mayer Global Chief Financial Officer ( 416 ) 960-9500 For Immediate Release Colliers Reports Strong Results ; Continued Momentum Third quarter operating highlights : Three months ended ( in millions of US $ , except EPS ) Revenues September 30 2021 Nine months ended September 30 2020 2021 2020 $ 1,022.8 $ 692.3 $ 2,743.7 $ 1,873.1 Adjusted EBITDA ( note 1 ) 123.6 92.1 352.3 206.5 Adjusted EPS ( note 2 ) 1.27 1.08 3.91 2.35 GAAP operating earnings 76.0 52.1 GAAP diluted EPS 0.40 0.52 ( 269.9 ) * ( 10.19 ) * 85.1 0.38 * Includes $ 471.9 million settlement of Long - Term Incentive Arrangement with the Company's Chairman & CEO . TORONTO , Canada , November 2 , 2021 - Colliers International Group Inc. ( NASDAQ and TSX : CIGI ) ( " Colliers " or the " Company " ) today announced operating and financial results for the third quarter ended September 30 , 2021. All amounts are in US dollars . For the quarter ended September 30 , 2021 , revenues were $ 1.02 billion , up 48 % ( 46 % in local currency ) relative to the same quarter in the prior year which was impacted by the COVID - 19 pandemic . Adjusted EBITDA ( note 1 ) was $ 123.6 million , up 34 % ( 32 % in local currency ) and adjusted EPS ( note 2 ) was $ 1.27 , up 18 % versus the prior year period . Third quarter adjusted EPS would have been approximately $ 0.02 lower excluding foreign exchange impacts . GAAP operating earnings were $ 76.0 million , relative to $ 52.1 million in the prior year quarter . GAAP diluted net earnings per share were $ 0.40 , versus $ 0.52 in the prior year quarter . Third quarter GAAP EPS would have been approximately $ 0.03 lower excluding changes in foreign exchange rates .