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Trulia shares hit record high

75 percent revenue growth helps portal trim Q4 losses to $1.6M

Investors bid up shares in real estate marketplace Trulia to record highs this week as soaring revenue helped the company cut its losses in the final three months of 2012.Fourth-quarter revenue was up 75 percent from a year ago, to $20.6 million, helping Trulia trim its net loss to $1.6 million, down 22 percent from the same time a year ago. Trulia posted $564,000 in adjusted earnings before interest, tax, depreciation and amortization (EBITDA), the second consecutive quarter with positive adjusted EBITDA.For the year as a whole, net losses were up 76 percent to $10.9 million on $68.1 million in revenue, a 77 percent increase from 2011.Shares in Trulia closed at $30.50 Thursday, up 28 percent from Tuesday's close before the release of fourth-quarter results. Since Trulia went public on Sept. 20, the San Francisco-based company's shares have traded for as little as $14.69 and as much as $32.13, a new record high set on Wednesday.  CEO Pete Flint called 2012 "a milestone year&quo...