Hacker Connect January 16 in New York
An event for and by the real estate tech community

Realtor.com operator Move, Inc. reported $375,000 in net income during the third quarter -- the first time the company has had a profitable quarter since second-quarter 2009, according to the company's latest earnings report, released Thursday. The company generated $50.3 million in revenue last quarter, down from $52.9 million at the same time last year. Nevertheless, the company had $375,000 in net income applicable to common stockholders in the third quarter. By contrast, the company had a net loss of $758,000 in third quarter 2009 and a net loss of $1.4 million in this year's second quarter.Net income for the second quarter of 2009 -- the last time the company's revenues exceeded its expenses or losses -- was $3.2 million. "In the past year, Move has made significant investments ...