By adding new customers and selling additional services to existing clients, nCino grew revenue by 14% from a year ago, to $138.8M, helping the company slash its Q3 net loss to $5.3M
Having pivoted from refinancing to purchase loans, CEO Vishal Garg says investment in AI technology and partnerships with retailers like NEO Home Loans will fuel cost-effective growth
During the first 9 months of the year, Matterport pulled in a total of $125.8M in revenue. Most of that is from recurring services and subscriptions
Looking beyond paper writedowns in the fair value of its mortgage servicing rights, CEO Varun Krishna is pleased as Q3 mortgage originations climb 28% from a year ago
Regulators have signed off on plans to restructure insurance business into a company that's owned by policyholders and operated by Porch, insulating it from catastrophic weather events
The company reported total gross bookings of $27.5B, a 7% increase, fueled by an 8% rise in lodging bookings and a 10% growth in its hotel business
The company's Q3 revenue clocked in at $83.7M while net losses rose to $8.1M as Fathom faced an uncertain market and dealt with expenses related to a $3M NAR settlement contingency
The San Francisco-based iBuyer bought and sold more homes during Q3 than it did a year ago and trimmed its net loss by 14% from Q2 and 26% from a year ago
The virtual brokerage grappled with losses as it paid out its settlement in antitrust commission lawsuits and increased agent losses in a bid to offload less productive agents from the platform
Real estate giants report mixed results in Q3 earnings statements, as market shifts put profitability and growth strategies to the test
Seattle-based brokerage and portal Redfin's Q3 revenue grew 3% year over year to $278M. However, the company's net losses ballooned 77.8%, according to Thursday's earnings
Move's overall revenue dipped 1% between July and September, while revenue from its real estate business — including Realtor.com — dropped 4%, according to Q3 earnings data released Thursday
Travelers spent $20.1B on Airbnb in Q3, a 10% increase compared to a year ago, according to earnings results Thursday. Still, a spike in expenses as it seeks to grow overseas cut into profits
The Real Brokerage added more than 2K new agents in the 3rd quarter while revenue rose to $372.5M, according to quarterly earnings Thursday. The company posted a net loss of $2.5M
Anywhere Real Estate, Redfin, eXp World Holdings and 7 more of the nation's largest real estate companies are set to release quarterly data on Thursday that could illuminate their fitness in 2025