Reis (REIS) Reports Q2 EPS of $0.03

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Reis, Inc. Announces Second Quarter 2017 Results

August 1, 2017 8:45 AM EDT

NEW YORK, Aug. 01, 2017 (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 second quarter ended June 30, 2017. 

Financial Highlights

Total revenue was $11.7 million for the three months ended June 30, 2017, which included subscription revenue of $11.4 million and other revenue of $0.3 million.  Total revenue in the second quarter of 2016 was $11.6 million, which included $11.4 million of subscription revenue and $0.2 million of other revenue.  Total revenue in the six months ended June 30, 2017 was... More