Move, Inc. reported consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company operating loss from continuing operations of $726,000, income from continuing operations before income taxes of $803,000, income from continuing operations of $753,000, net income of $557,000, net loss applicable to common stockholders of $758,000 on revenue of $52,866,000 as compared to operating loss from continuing operations of $4,228,000, loss from continuing operations before income taxes of $4,228,000, loss from continuing operations of $2,008,000, net loss of $2,118,000, net loss applicable to common stockholders of $21,452,000 on revenue of $61,240,000 for the same period last year. Adjusted EBITDA was $5,570,000 as compared to $5,708,000 for the same period last year. For the nine months, the company reported operating loss from continuing operations of $7,864,000, loss from continuing operations before income taxes of $5,395,000, loss from continuing operations of $5,622,000 or $0.06 diluted per share, net income of $3,764,000, net loss applicable to common stockholders of $7,684,000 or $0.05 diluted per share on revenue of $162,371,000 as compared to operating loss from continuing operations of $7,971,000, loss from continuing operations before income taxes of $1,993,000, loss from continuing operations of $2,306,000 or $0.04 diluted per share, net loss of $27,290,000, net loss applicable to common stockholders of $31,109,000 or $0.21 diluted per share on revenue of $184,619,000 for the same period last year. Net cash provided by operating activities was $8,352,000 and purchases of property and equipment was $7,711,000 as compared to net cash provided by operating activities was $6,543,000 and purchases of property and equipment was $5,748,000 for the same period last year. Adjusted EBITDA was $19,275,000 as compared to $14,894,000 for the same period last year. The company provided preliminary guidance for the quarter ending December 31, 2009. For the quarter, the company expects revenue to range between $47 and $48 million, with an expected Adjusted EBITDA margin of approximately 9% to 10%. For the fiscal year ending December 31, 2010, the company expects revenue to range between $184 million and $192 million, with an expected Adjusted EBITDA target of approximately 10%.

Move, Inc., Q3 2009 Earnings Call, Nov-05-2009

Move, Inc. expected to Report Fiscal Year 2009 Results on February 19, 2010. This event was calculated by Capital IQ (Created on October 15, 2009).