PropertyEU

CBRE books Q2 loss on lower revenue

By A staff reporter 2009-07-31T00:00:00

CB Richard Ellis reported a net loss of $6.6 mln (EUR 4.7 mln), or $0.02 per diluted share, in the second quarter of 2009. This compares with net income of $16.6 mln, or $0.08 per diluted share, in the year-earlier period. Revenue fell from $1.3 bn to $955.7 mln.

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