Move Inc. sees 13% revenue decline as Realtor.com traffic improves
The Realtor.com parent company saw revenue decline 13% to $127M in the fiscal 2nd quarter. Mobile and website annual traffic growth remained flat, improving from Q1's 12% loss
by Marian McPherson Feb 12
Real estate CEOs: Big impact from commission suits 'improbable'
The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don't anticipate major disruptions
by Jim Dalrymple II Nov 17
Realtor.com suffers double-digit drop in quarterly revenue, traffic
Realtor.com parent company Move Inc.'s revenue declined 16% to $142M in the fiscal first quarter. Despite the loss, CEO Robert Thomson remained bullish about the portal's long-term prospects
by Marian McPherson Nov 9
Despite Q2 decline, Realtor.com says it's ready to take on CoStar
Realtor.com parent company Move's quarter and yearly revenues have slipped, with the company bringing in $602M for the full year. But despite struggles, News Corp's CEO is confident in the brand
by Marian McPherson Aug 10
Realtor.com parent Move saw traffic and revenue fall in Q1
Between January and March, Realtor.com had an average of 72 million unique monthly users — down 24 percent compared to 1 year earlier, according to the company's Q1 earnings report
by Jim Dalrymple II May 11
News Corp. headquarters
In remarks at Morgan Stanley's Technology, Media and Telcom Conference Tuesday, CEO Robert Thomson said growing Realtor.com after its sale to CoStar fell through is a 'personal priority'
by Ben Verde Mar 8
News Corp will slash 1,250 jobs following rough real estate earnings
Move Inc. revenue fell $23M in Q4, due to a drop in home sales and referral revenue, according to earnings on Thursday. The company confirmed it was in talks with CoStar about a potential sale
by Taylor Anderson Feb 10
Does a good earnings season foreshadow trouble ahead?
Many real estate companies did very well during the first quarter of 2022, but their leaders also repeatedly mentioned the specter of 'headwinds' on the horizon
by Jim Dalrymple II May 9
Move Inc. sees revenue uptick fueled by lead gen and referral businesses
Realtor.com parent Move Inc.'s revenue rose 9% year over year, which was less than the gains the company saw during the previous two quarters, according to an earnings call Thursday
by Jim Dalrymple II Feb 3
Realtor.com gears up for battle with Zillow as revenues jump 30%
News Corp CEO Robert Thomson and Realtor.com CEO David Doctorow tout the portal's robust growth as they see the window to take the top spot from Zillow
by Marian McPherson Nov 4
Realtor.com parent company Move sees 68% Q4 revenue boost
Realtor.com parent company Move took in $186M during Q4 2021, as a booming housing market kept website traffic, lead generation and referral services riding high
by Marian McPherson Aug 6
News Corp CEO Robert Thomson
Opinion
Realtor.com is redeeming itself after sitting on the sidelines of the digital real estate wars. With soaring profits and booming traffic, now may be the time to sell
by Brad Inman Mar 3
Move Inc. revenue slides due to 'volatility in the housing markets'
Move parent company News Corp. said revenue declines were primarily due to customer billing relief measures and a weakened real estate market
by Marian McPherson Aug 6
Realtor.com sees user growth as News Corp. revenue drops 8%
Although News Corp.'s revenues dipped down to $2.27B, realtor.com saw average monthly unique users of its web and mobile sites grow by 6% year over year
Realtor.com sees growth, parent company revenues fall
The parent company of realtor.com owner Move also said revenue from its real estate services declined 5% year-over-year
by Jim Dalrymple II Feb 6