CoreLogic Reports 3% Net Income Gain in Q3

IRVINE CA—CoreLogic, a leading global property information, analytics and data-enabled services provider, has reported solid all-around growth for the 3^rd quarter.

Total revenues grew 3% compared to the same period last year, due primarily to 23% increase in revenues from the firm’s data and analytics business. Operating income from continuing operations jumped 27% to $77.8 million. The firm also repurchased 1.48 million common shares and repaid $62 million debt during the quarter. “CoreLogic delivered excellent results in the third quarter,” said Anand Nallathambi, president and CEO of the Irvine-based company. “Operating and net income were up as we continued to expand our D&A footprint and reap the benefits of our market leadership in TPS. As we move forward, we will continue to focus on aggressively growing our unique data assets, analytics and services through innovation, technology and operational excellence and deeper client intimacy.”