Reis, Inc. (REIS) Tops Q2 EPS by 1c

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Reis Announces Second Quarter 2014 Results

July 31, 2014 8:45 AM EDT

Revenue Grows 20%, EBITDA Up 14.8%

Product Pipeline Remains Strong

NEW YORK, July 31, 2014 (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 second quarter ended June 30, 2014.

Consolidated revenue, which is comprised entirely of subscription revenue generated by the Company's Reis Services segment, was $10,194,375 for the three months ended June 30, 2014, as compared to $8,498,309 for the three months... More