Market Leader revenue rises for 5th straight quarter 

Online marketing and "software as a service" company Market Leader Inc. posted a $4.3 million net loss during the first quarter, even as revenue grew by 25 percent from a year ago, to $7.2 million.

Market Leader -- which closed out 2010 with a $14.3 million loss for the year -- is transitioning from selling leads generated by sites like HouseValues.com to providing customized websites and tools for agents and brokers.

The company said in a regulatory filing Tuesday that revenue from its software-as-a-service products was up 61 percent from a year ago during the first quarter, and that the company has seen five consecutive quarters of revenue growth.

more...

To view this premium content sign in to your Premium Member account.

Premium Members have full access to all news archives & premium content.

Purchase Professional Membership for $199/year OR
Premium+ Membership for $149/year OR
News Membership for $69/year

Buy Now

Advertise with Inman

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.