Businessweek

Reis, Inc. reported consolidated unaudited earnings results for the first quarter ended March 31, 2013. For the period, the company reported subscription revenue was $8,234,328 against $7,298,372 a year ago. Income before income taxes and discontinued operations was $667,066 against 220,379 a year ago. Income from continuing operations was $402,066 against 136,379 a year ago. Net income was $250,434 against loss of $14,208,876 a year ago. Income from continuing operations diluted was $0.04 against $0.01 a year ago. Net income per share diluted was $0.02 against loss of $1.29 per share a year ago. EBITDA was $1,906,000 against $1,613,000 a year ago. Adjusted EBITDA was $2,487,000 against $2,159,000 a year ago. Revenue for the three months ended March 31, 2013 increase reflects: additional new Reis SE business; revenue growth from ReisReports; and revenue growth from our data redistribution initiatives.

Reis, Inc. announced that they will report Q1, 2013 results on May 02, 2013

Reis, Inc., Q1 2013 Earnings Call, May 02, 2013

Reis, Inc. Presents at 14th Annual B. Riley & Company Investor Conference, May-21-2013 11:30 AM. Venue: Loews Santa Monica Beach Hotel, 1700 Ocean Avenue, Santa Monica, CA 90401, United States. Speakers: Lloyd Lynford, Chief Executive Officer, President and Director.

Reis, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported subscription revenue of $8,581,486 against $6,979,016 a year ago. Income before income taxes and discontinued operations was $1,092,082 against $297,260 a year ago. Income from continuing operations was $6,519,082 or $0.58 per diluted share against $4,372,260 or $0.40 per diluted share a year ago. Net income was $7,066,535 or $0.63 per diluted share against $143,821 or $0.01 per diluted share a year ago. EBITDA was $3,543,000. EBITDA increased $795,000, or 28.9%, over the fourth quarter 2011 amount of $2,748,000. These EBITDA increases were driven by the revenue growth. For the year, the company reported subscription revenue of $31,228,644 against $27,180,479 a year ago. Income before income taxes and discontinued operations was $2,586,330 against $786,385 a year ago. Income from continuing operations was $8,013,330 or $0.73 per diluted share against $4,861,385 or $0.45 per diluted share a year ago. Net loss was $4,283,582 or $0.39 per diluted share against net income of $1,886,427 or $0.17 per diluted share a year ago. The consolidated net loss for the year ended December 31, 2012 was negatively impacted by a net $12,296,912 loss from discontinued operations resulting from the litigation related to the Company's former Gold Peak condominium development project, offset by a net tax benefit of $5,427,000, primarily from the reduction in the valuation allowance against a portion of the Company's deferred tax assets; which tax benefit is also reflected in income from continuing operations. EBITDA in the fourth quarter and annual 2012 periods was similarly impacted from the aforementioned incremental custom work. For the year ended December 31, 2012 and 2011, Reis Services EBITDA was $12,762,000 and $10,837,000, respectively, representing growth of $1,925,000, or 17.8%.