Industry NewsNews Brief

Market Leader: $7.4M net loss in ’09

Software product accounts for 52% of Q4 revenue
Published on Feb 26, 2010

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by CareyBot

Real estate marketing and technology company Market Leader announced this week a net income of $1.4 million in the fourth quarter compared with a net loss of $2.9 million in the third quarter; though the net income owes mainly to a $4.8 million income tax benefit in the fourth quarter, the company said.

Revenue from its Vision subscription software platform doubled in the fourth quarter of 2009, compared to the same quarter in 2008, according to the company's year-end results.