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Colliers International Group Inc.

11:49 AM EST - Colliers International Group Inc. : Reported strong financial results for its second quarter ended June 30, 2016. All amounts are in U.S dollars. Revenues for the second quarter were $482.5 million, an 18% increase (21% in local currency) relative to the same quarter in the prior year and Adjusted EBITDA was $52.8 million, up 18% (23% in local currency). GAAP Operating Earnings were $37.6 million, relative to a loss of $16.7 million in the prior year period. Colliers International Group Inc.
shares T.CIG are trading up $1.92 at $51.03.