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
Seattle-based Redfin's revenue increased 5% year over year to $225.5M — beating projections of $218.1M. Still, the company is struggling to control net losses, which grew nearly 10% from 2023
Seattle-based Redfin's revenue declined 2% year-over-year for Q4 and 11% year-over-year for the full year. Still, the company saw improved gross margins and net losses
Redfin's Q2 revenue declined 21% year over year to $275.6M, as gross profits from its real estate services took a tumble amid a harsh housing market, according to an earnings call Thursday
Revenue, market share, web users and homes sold by RedfinNow all rose. But the company reported a $90.8M net loss in a Q1 earnings call on Thursday
Redfin Premier and RedfinNow's robust performance pushed Redfin's revenue to new heights during Q2 2021. However, agent attrition and website traffic continue to be an issue
The tech-focused brokerage increased revenue by 38% but net losses nearly doubled year-over-year, as well
The online brokerage's stock price surged in after-hours trading Thursday. The earnings beat comes as Redfin works to expand multiple parts of its business