Oppenheimer Remains Bullish on Corelogic (CLGX) Following 3Q Report
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CORELOGIC REPORTS THIRD QUARTER 2016 FINANCIAL RESULTS
October 24, 2016 4:15 PM EDTIRVINE, Calif., Oct. 24, 2016 /PRNewswire/ -- CoreLogic® (NYSE: CLGX), a leading global provider of property information, insight, analytics and data-enabled solutions, today reported financial results for the quarter ended September 30, 2016.
"CoreLogic delivered another exceptionally strong operating performance in the third quarter. Quarterly revenues and operating income were at record levels as we continued to grow our market leadership and operational scale. We also aggressively executed against productivity programs through which we expect to yield cost reductions of at least $30 million in 2016 and a similar amount in 2017," said Anand Nallathambi, President and... More