Real estate listings portal Trulia trimmed second-quarter losses to $2.4 million, down from $3.4 million a year ago, as the site doubled the number of unique mobile visitors per month and boosted revenue by 77 percent, to $29.7 million.
The San Francisco-based provider of leads to real estate agents said paid subscribers were up 49 percent from a year ago, to 32,123, with average quarterly revenue per subscriber increasing 31 percent, to $194.
Trulia CEO Pete Flint said the company’s proposed acquisition of Market Leader Inc. “will strengthen our position as a leading platform for consumers and professionals, with approximately 50,000 premium subscribers.” Source: sec.gov.