Seattle-based brokerage and portal Redfin’s third-quarter revenue grew 3 percent year over year to $278 million. However, the company’s net losses ballooned 77.8 percent, according to Thursday’s earnings.
Source: Inman News
Revenue grows and losses widen for Redfin in Q3
More from BrokerageMore posts in Brokerage »
- The modern tech stack agents and brokerages need now: Streaming
- $1B Florida brokerage and former NFL prospect join Christie’s International Real Estate
- Here’s the essential reading on the Compass-Anywhere deal
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
- Enduring elegance: Leadership lessons from Giorgio Armani
More from glenn kelmanMore posts in glenn kelman »
- Mr. Cooper shareholders approve merger with Rocket Companies
- Here’s the last look at Redfin’s finances as an independent company
- Real estate CEOs sound off on CCP, M&A, being No. 1: The Download
- Rocket seeing ‘awesome early data’ from Redfin acquisition
- Redfin’s Glenn Kelman spills details on bittersweet transition to Rocket
More from portalsMore posts in portals »
More from q3 2024 earningsMore posts in q3 2024 earnings »
- Growth helps cloud banking tech provider nCino trim Q3 loss by 67%
- Better funds $1B in mortgages in Q3 but still $54M in the red
- Matterport posts $38.4M loss in Q3 as it spends for scale
- Rocket boosts market share, posts $481M Q3 loss on writedowns
- Porch shares soar 55% on $14M Q3 profit and restructuring plan
More from RedfinMore posts in Redfin »
- Here’s what comes next in the Compass-Anywhere deal
- Compass to acquire Anywhere in $1.6B deal, capping rise to top
- How the growing buyer power shift is reshaping the real estate market
- These are the states where homeowners will benefit most — and least — from new SALT cap
- Compass calling foul on MLS rules is hypocrisy
More from redfin earningsMore posts in redfin earnings »
- Redfin rides momentum to Q1 revenue bump, beats expectations
- Redfin’s focus on cost-cutting begins to pay off in Q4 earnings
- Redfin narrows losses amid rough Q2 as it braces for more turbulence
- Redfin takes in nearly $600M in Q1 revenue as market share grows
- Redfin’s Q2 revenue jumps 121% to $471 million
More from Redfin NextMore posts in Redfin Next »
More from redfin rentalsMore posts in redfin rentals »
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
Be First to Comment