Move, Inc Reports 2007 Q3 Earnings

Move, Inc Reports a third quarter loss of $4.6 million or $0.03 per share. Quarterly revenue was $75.6 million compared to $75.7 million this same time a year before.

“I am extremely optimistic about the opportunities available to us and am pleased with what we have accomplished in the past 90 days,” said Lorna Borenstein, Move’s president. “Some of our businesses are performing extremely well in a tough market, but we are not satisfied with the performance of all of our businesses and are focused on better monetizing our entire portfolio.”