Redfin posts 38% revenue increase to $370M for 2017

Shares fell for Redfin after third earnings report since going public

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In its latest earnings call Thursday, Seattle-based online brokerage Redfin posted a 38 percent year-over-year increase in revenue to $370 million for full-year 2017, resulting in a net loss of $15.0 million for the year, an improvement over its $22.5 million loss in for 2016.