Key Developments: Move Inc (MOVE.O)
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17 May 2013
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Latest Key Developments (Source: Significant Developments)
Move Inc Issues Q2 2013 Revenue Guidance Above Analysts' Estimates; Raises Low End Of Prior FY 2013 Revenue Guidance To A Range In Line With Analysts' Estimates
Move Inc announced that for second quarter of 2013, expects revenue to range between approximately $56.0-$56.5 million. For fiscal 2013, it expects revenue to range between $224.0 million and $226.0 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $55.46 million for second quarter of 2013; revenue of $225 million for fiscal 2013. Full Article
Move Inc Issues Q1, FY 2013 Revenue Guidance Above Analysts' Estimates
Move Inc announced that for first quarter of 2013, expects revenue to range between approximately $53.5-$54.0 million. For fiscal 2013, it expects revenue to range between $222 million and $226 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $52.84 million for first quarter of 2013; revenue of $217 million for fiscal 2013. Full Article
Move Inc Issues Q4 2012 Revenue Guidance In Line With Analysts' Estimates
Move Inc announced that for fourth quarter of 2012, expects revenue to range between approximately $51.5-$52.0 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $51.7 million for fourth quarter of 2012. Full Article
Move Inc Acquires Relocation.com
Move Inc announced the acquisition of Relocation.com, an online marketplace that connects home buyers and renters with moving and storage professionals. The purchase price of the acquisition was $11.5 million in cash, of which $9.5 million was paid upon the deal close, with the remainder to be paid in two equal amounts on the first and second anniversaries of the close. Full Article
Move Inc Acquires TigerLead Solutions, LLC
Move Inc announced the acquisition of TigerLead Solutions, LLC, lead generation and lead management system for real estate professionals. Subsequent to the acquisition, the existing TigerLead team will remain intact, with co-founders Howard Tager, Art Sawyer, and Adam Ingersoll continuing to run the TigerLead business supported by their experienced management team. The purchase price for the acquisition was $22 million in cash and will be reflected in Move's third quarter 2012 financial statements. Full Article
Move Inc Raises FY 2012 Revenue Guidance-Conference Call
Move Inc announced that for fiscal 2012, the Company is increasing its revenue guidance and expects revenue to be in the range of $197-$199 million. Full Article
Move Inc Issues Q3 2012 Revenue Guidance Below Analysts' Estimates; Lowers High End Of Prior FY 2012 Revenue Guidance To A Range In Line With Analysts' Estimates
Move announced that for the third quarter of 2012, it expects revenue to range between approximately $48.5 million and $49 million. Move updated guidance for fiscal 2012. For fiscal 2012, Move expects revenue to range between $195 million and $197 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $49.8 million for the third quarter of 2012 and revenue of $197 million for fiscal 2012. Full Article
Move Inc Issues Q2 2012 Revenue Guidance; Reaffirms FY 2012 Revenue Guidance
Move Inc announced that for second quarter of 2012, it expects revenue to range between approximately $48.5 million and $49 million. For fiscal 2012, it reaffirmed guidance of revenue to range between $195 million and $200 million. Full Article
Move Inc Issues Q1 2012 Revenue Guidance; Issues FY 2012 Revenue Guidance In Line With Analysts' Estimates
Move Inc announced that for the first quarter of 2012, it expects revenue of approximately $47.5 million. For fiscal 2012, it expects revenue to range between $195-$200 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $198 million for fiscal 2012. Full Article
Move Inc Announces Appointment Of Rachel Glaser As Chief Financial Officer
Move Inc announced the appointment of Rachel Glaser as Chief Financial Officer, effective January 4, 2011. Glaser will oversee corporate finance, accounting and investor relations. She will report to Move's chief executive officer, Steve Berkowitz and will be based at Move's corporate headquarters in Campbell, CA. Full Article
Earnings vs. 
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