Redfin reports first quarter net loss of $36M

The Seattle-based real estate brokerage’s loss widened dramatically from $1.8 million last quarter, but still grew revenue 33% from 2017

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Redfin, the Seattle-based technology-focused brokerage, posted a net loss of $38.6 in the first quarter of 2018, and revenue of $79.9 million, a year-over-year increase of 33 percent. Last quarter, the company reported a net loss of $1.8 million.