Industry NewsTechnology

Move Inc. revenue declining

Company not projecting growth in 2010
Published on Nov 6, 2009

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by CareyBot

Realtor.com operator Move Inc. said in a regulatory filing Thursday that third-quarter revenue fell 15.7 percent from a year ago, and warned of further declines in the final three months of the year.

Revenue totaled $52.9 million for the third quarter, down from $61.2 million a year ago, and is projected to total between $47 million and $48 million in the final three months of the year -- a level Move executives expect to stay, on average, next year.

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