CoreLogic more-than-doubled its profit in the fourth quarter, as the benefits from an acquisition helped offset higher expenses.
Net income rose $37.7 million from $14.7 million a year ago, according to a news release this week. Earnings per share rose 162% to 42 cents.
CoreLogic's results got a boost from a $26 million after-tax gain on investments associated with its
Total revenue rose 13% to $391 million, as growth in property information and analytics offset an unfavorable currency translation.
Total operating expenses 18% to $364 million, led by higher costs of services, and general and administrative expenses.
