Real Matters Inc. reported unaudited consolidated earnings results for the first quarter ended December 31, 2017. For the quarter, the company reported revenues of $73.9 million compared with $78.9 million in 2017. Net revenue was $22.5 million, compared with $26.0 million in 2017. Adjusted EBITDA was $2.4 million compared with $5.5 million in 2017. Net loss was $5.4 million or $0.06 per diluted share, compared with $2.3 million or 0.03 per diluted share in 2017. Adjusted net income was $1.3 million or $0.01 per diluted share, compared with $1.9 million or $0.02 per diluted share in 2017. Loss before income tax expense was $1.4 million compared to $1.0 million in 2017. Revenues down 6.4% due to a $5.5 million decline in title and closing revenues, which was partially offset by an increase in appraisal and ancillary revenues. Adjusted EBITDA decreased due to a significant decline in the residential mortgage originations market, specifically for refinance mortgage activity, the mix of business, and higher public company costs.