Trulia Beats Analysts With Record Q4 Revenue, But Posts Bigger-Than-Expected Net Loss

In its second earnings report as a public company, online real estate site Trulia saw both higher revenue and a bigger loss than analysts had estimated. The company saw revenue of $20.6 million and a net loss of $1.59 million for the quarter ending on December 31. That's a (non-GAAP) loss of 3 cents per share. Revenue is up 25 percent year-over-year, while the company's net loss loss has fallen from $2.5 million. In its previous earnings report, Trulia saw record revenue and had positive EBITDA (namely, it was profitable before interest, taxes, depreciation, and amortization) for the first time. The company continued the pattern of positive EBITDA this quarter.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/ME7MECLxgSs/

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