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Lower application volume cuts CoreLogic’s net income by 54%

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CoreLogic (NYSE: CLGX), a leading global provider of property information, insight, analytics and data-enabled solutions, today reported financial results for the quarter ended September 30, 2018. Operating and financial highlights for the third quarter.

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Operating income totaled $60 million compared with $62 million in the prior year as a 7% reduction in operating expenses largely offset the impact of lower U.S. mortgage market volumes. Net income from continuing operations decreased $8 million to $23 million after reflecting a $13 million one-time transition tax for certain foreign earnings in.

Operating profit margin declines were primarily driven by lower traditional RTL volume. Other income was $0.5 million, versus a $0.1 million expense. The Company`s income tax expense was $43.1.

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had sales of $235 million, EBITDA of $71 million and net income of $41 million. In 2016, our net sales declined 38% compared to 2015, affected by continued adverse market conditions. Sales of Tubes were down 38%, reflecting lower drilling activity in North and South America and in

If you lower your prices in order to sell more, how much more will you have to sell? If you take out a loan and your fixed costs rise because of the interest on the loan, what sales volume will you need to cover those increased costs? cost/volume/profit (cvp) analysis can help you answer these, and many more, questions about your business.