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Reis: 2Q Earnings Snapshot

August 9, 2018

NEW YORK (AP) _ Reis Inc. (REIS) on Thursday reported a second-quarter loss of $459,000, after reporting a profit in the same period a year earlier.

The New York-based company said it had a loss of 4 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, were 2 cents per share.

The commercial real estate data provider posted revenue of $12 million in the period.

Reis shares have fallen 4 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $19.80, a climb of 5 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on REIS at https://www.zacks.com/ap/REIS

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