Wednesday, April 20, 2016

CoreLogic Reports First Quarter 2016 Financial Results

Record First Quarter Revenues, Operating Income and Cash Flow; FNC Acquisition Completed Revenues up 24% to $454 million driven primarily by Valuation Solutions Group (VSG) launch and Risk Management and Workflow (RMW) market outperformance offset by lower U.S. origination volumes and unfavorable currency translation. Operating income from continuing operations up 16% to $57 million as higher revenue and cost reduction program benefits offset acquisition-related transaction and integration costs, severance and currency translation. Net income from continuing operations down......(read more)
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