Reis (REIS) Misses Q2 EPS by 2c

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Go back to Reis (REIS) Misses Q2 EPS by 2c

Reis, Inc. Announces Second Quarter 2016 Results

August 4, 2016 8:45 AM EDT

NEW YORK, Aug. 04, 2016 (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 for the three and six months ended June 30, 2016. 

Financial Highlights

Subscription revenue was $11.6 million for the three months ended June 30, 2016, a 13.4% decrease from the three months ended June 30, 2015 revenue of $13.4 million.  For the six months ended June 30, 2016, the Company reported subscription revenue of... More