HFF Q1 Profit Rises - Quick Facts

(RTTNews) - HFF Inc. (HF) reported first-quarter net income of $3.7 million, compared to $2.3 million, a year ago. Earnings per share was $0.10 compared to $0.06.

Adjusted EBITDA was $11.8 million and represents an increase of 72.5%, compared to $6.9 million in the comparable period in 2013. The company said the increase in adjusted EBITDA is primarily attributable to the increase in operating income.

Analysts polled by Thomson Reuters expected the company to report profit per share of $0.10 for the quarter. Analysts' estimates typically exclude special items.

Revenues were $76.0 million, compared to $54.2 million, a year ago. Analysts expected revenue of $58.71 million for the quarter.