Reis (REIS) Tops Q4 EPS by 3c

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Reis, Inc. Announces Fourth Quarter and Annual 2014 Results

March 5, 2015 8:45 AM EST

Annual Revenue Grows 19%; Reis Services EBITDA Margin at 40.8% for the Year Net Cash Grows by 68% to $17.7 Million

NEW YORK, March 5, 2015 (GLOBE NEWSWIRE) -- Reis, Inc. (Nasdaq: REIS) ("Reis" or the "Company"), a leading provider of commercial real estate market information and analytical tools, announced its financial results and operational achievements for the fourth quarter and year ended December 31, 2014.

Consolidated revenue, which is comprised entirely of subscription revenue generated by the Company's Reis Services segment, was $10,725,794 for the three months ended December 31, 2014, as compared to... More