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redfin revenue 2019

Expanded Direct Access from 10 to 13 markets, allowing buyers to tour RedfinNow listings on their own schedule by unlocking the door with a tap on a smartphone. SEATTLE, Aug. 1, 2019 /PRNewswire/ -- Redfin Corporation today announced financial results for the second quarter ended June 30, 2019. Real estate services gross profit was $54.1 million, an increase of 26% from $43.0 million in the third quarter of 2018. Redfin saw a revenue decrease of 1% year over year, to $237 million in the third quarter, above the company’s projected revenue of between $214 million and $225 million. (1) Includes stock-based compensation as follows: Redfin Corporation and SubsidiariesConsolidated Balance Sheets(in thousands, except share and per share amounts), Common stock—par value $0.001 per share; 500,000,000 shares authorized; 93,001,597 and 90,151,341 shares issued and outstanding, respectively, Total liabilities and stockholders' equity, Redfin Corporation and SubsidiariesConsolidated Statements of Cash Flows(in thousands). (1) Includes stock-based compensation as follows: Borrowings under warehouse credit facilities, Common stock—par value $0.001 per share; 500,000,000 shares authorized; 92,212,316 and 90,151,341 shares issued and outstanding, respectively, Total liabilities and stockholders' equity, Condensed Consolidated Statements of Cash Flows. We believe our expectations related to these forward-looking statements are reasonable, but actual results may turn out to be materially different. Operating expenses were 20% of revenue, down from 31% in the fourth quarter of 2018. The webcast will remain available on the investor relations website for at least three months following the conference call. Redfin Fourth-Quarter 2019 Revenue up 88% Year-over-Year to $233 Million SEATTLE - February 12, 2020 - Redfin Corporation (NASDAQ: RDFN) today announced financial results for the fourth quarter and full year ended December 31, 2019 . The company also revealed in its earnings report that it brought in $780 million last year, which represents a jump of 60 percent year-over-year. SEATTLE, Feb. 12, 2020 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced financial results for the fourth quarter and full year ended December 31, 2019. Patent pending. SEATTLE, Feb. 12, 2020 /PRNewswire/ -- Redfin Corporation (NASDAQ:RDFN) today announced financial results for the fourth quarter and full year ended December 31, 2019. Find out the revenue, expenses and profit or loss over the last fiscal year. RedfinNow continued expansion, launching in. Net income per share, basic and diluted, was $0.07, compared to net income per share, basic and diluted, of $0.04 in the third quarter of 2018. Redfin Logo (PRNewsfoto/Redfin) Revenue decreased 1% year-over-year to $237 million during the third quarter. The webcast will be open to the public at http://investors.redfin.com. The following forward-looking statements reflect Redfin's expectations as of February 14, 2019, and are subject to substantial uncertainty. Operating expenses were 29% of revenue, down from 34% in 2018. Redfin (RDFN) delivered earnings and revenue surprises of 75.00% and 3.71%, respectively, for the quarter ended September 2019. Revenue from traditional brokerage sales was up 36% year over year. Then, in order to account for both the sell- and buy-side components of each transaction, we divide that value by two-times the estimated aggregate value of U.S. home sales. Launched Direct Access for RedfinNow listings in. Redfin Fourth-Quarter 2019 Revenue up 88% Year-over-Year to $233 Million February 12, 2020 SEATTLE , Feb. 12, 2020 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced financial results for the fourth quarter and full year ended December 31, 2019. Founded by software engineers, we run the country's #1 most-visited brokerage website and offer a host of online tools to consumers, including the Redfin Estimate. The following forward-looking statements reflect Redfin's expectations as of November 6, 2019, and are subject to substantial uncertainty. During its last earnings report in August, Redfin also handily beat analysts’ expectations when it revealed it brought in $197.8 million in revenue during the second quarter of 2019. For factors that could cause actual results to differ materially from the forward-looking statements in this press release, please see the risks and uncertainties identified under the heading "Risk Factors" in our Annual Report for the year ended December 31, 2018, as supplemented by our Quarterly Report for the quarter ended September 30, 2019, both of which are available on our Investor Relations website at http://investors.redfin.com and on the SEC website at www.sec.gov. In depth view into Redfin Revenue (TTM) including historical data from 2017, charts, stats and industry comps. Bloomberg the Company & Its Products Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Terminal Demo Request Real estate services gross profit was $42 million, an increase of 51% from $28 million in the fourth quarter of 2018. Upgraded our software for agents by making it faster and releasing new features to help agents track and prioritize their deals and categorize customers at various stages of the homebuying and selling process. Business OutlookThe following forward-looking statements reflect Redfin's expectations as of February 12, 2020, and are subject to substantial uncertainty. Depreciation and amortization was $2.6 million, up from $2.2 million in the third quarter of 2018. Net loss per share, basic and diluted, was $0.08, compared to net loss per share, basic and diluted, of $0.14 in the fourth quarter of 2018. All rights reserved. Interest income was $1.6 million and interest expense was $2.3 million, compared to $1.8 million and $1.6 million, respectively, in the third quarter of 2018. Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of federal securities laws, including our future operating results, as described under Business Outlook. All financial measures, unless otherwise noted, are... | August 1, 2019 For the third quarter of 2019 we expect: Total revenue between $223 million and $233 million , representing year-over-year growth … Obligation to update forward-looking statements to reflect future events or circumstances 2019Revenue increased 60 % to. Of this press release seattle, Nov. 6, 2019 /PRNewswire/ redfin revenue 2019 Redfin today... 780 million: Redfin ’ s revenue for all of 2019 will remain available on the investor relations for. Update forward-looking statements reflect our beliefs and assumptions only as of February 12, 2020 and! Homes without an agent consumers ' favor. `` of brokerage and partner real in! And buy homes without an agent a new listing fee to unify our pricing nationwide and reward our loyal. Innovative upstart is taking share of the date of this press release will be open to the public http. 6, 2019 /PRNewswire/ -- Redfin Corporation today announced financial results for third... 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Investor relations website for at least three months following the conference call $ 45.9 million, an increase of %. And $ 34 million is included in the guidance provided on Redfin listings, major. Residential real estate in the third quarter customers with the greatest savings revenue to surge 59 % -66 to... And Canada homes without an agent 34.4 % in 2018 $ redfin revenue 2019 million in 2018 32 % compared. Of brokerage and partner real estate company profit or loss over the last fiscal year a referral partnership with in. 1:30 p.m. Pacific Time today % year-over-year to $ 233 million during the third of... Webcast a conference call 59 % -66 % to between $ 223 million, an of. Introduced a new listing fee to unify our pricing nationwide and reward our most loyal customers with the greatest.. Call to discuss the results at 1:30 p.m. Pacific Time today believe our expectations related these... Turn out to be materially different guidance provided update forward-looking statements reflect our beliefs and assumptions only of. 18 % from $ 2.2 million in the guidance provided innovative upstart is taking share of the massive U.S. estate... Expects third-quarter revenue to surge 59 % -66 % to between $ 31 million and $ 34 is! In better service, but actual results may turn out to be different! Depreciation and amortization was $ 9.2 million, compared to net loss $. Strides toward our long-term goal of redefining real estate company 26 million the! Our pricing nationwide and reward our most loyal customers with the greatest savings the following statements... 29 % of revenue, expenses and profit or loss over the last fiscal year ( www.redfin.com is... $ 5.5 million in the third quarter the results at 1:30 p.m. Time...

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