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Stock Market & Financial Investment News

News Breaks
January 17, 2014
17:30 EDTZIPRZipRealty sees Q4 revenue $17M, one estimate $18.58M
The company said it expects to report net revenues of approximately $17M for Q4, a 4% decrease from the prior year period. The company expects to report adjusted EBITDA for Q4 in the range of a loss of ($1M)-($800,000). Q4 net income will also reflect an expense of $1.7M in association with a legal settlement reached during the quarter, resolving the final outstanding claim relating to ZipRealty’s former compensation practices of employee real estate agents. Q4 EPS one estimate (6c).
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