Cartus, Realogy revenue down

Cartus first-quarter revenue sank 4 percent from a year ago to $76 million, with the Danbury-based division of Realogy providing corporate relocation services, including helping workers sell their homes during transfers. Under new CEO Katrina Helmkamp, Cartus wiped out a

$1 million operating loss from a year ago with a $2 million profit in this year’s first quarter, with initiations for services up 1 percent. Realogy reported a

$99 million loss for the quarter, with revenue off 9 percent to $1.1 billion.