Reis, Inc. (REIS) Tops Q1 EPS by 4c

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Reis Announces First Quarter 2014 Results

May 1, 2014 8:45 AM EDT

Revenue Grows 20.8%, EBITDA By 24.1% All New Products Contributing to Growth

NEW YORK, May 1, 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 first quarter ended March 31, 2014.

Consolidated revenue, which is comprised entirely of subscription revenue generated at the Company's Reis Services segment, was $9,946,045 for the three months ended March 31, 2014, as compared to $8,234,328 for the three months ended March 31, 2013, an... More