Redfin rides momentum to Q1 revenue bump, beats expectations

Seattle-based Redfin’s revenue increased 5 percent year over year to $225.5 million — beating revenue projections of $218.1 million. Still, the company is struggling to control its net losses, which grew nearly 10 percent from 2023. Continue reading

Real Brokerage posts sharp uptick in revenue and agent count in Q1

The Real Brokerage reported revenue of $200.7 million in the first quarter of 2024 as gross profit soared to $20.8 million, according to Q1 earnings data released Tuesday morning. Continue reading

Real Brokerage posts sharp uptick in revenue and agent count in Q1

The Real Brokerage reported revenue of $200.7 million in the first quarter of 2024 as gross profit soared to $20.8 million, according to Q1 earnings data released Tuesday morning. Continue reading

Matterport trimmed losses in the months before CoStar purchase

The company’s net loss was 36 percent less than in 2023, according to Matterport’s earnings from the quarter. Revenue rose 5 percent for the quarter. Continue reading

Matterport trimmed losses in the months before CoStar purchase

The company’s net loss was 36 percent less than in 2023, according to Matterport’s earnings from the quarter. Revenue rose 5 percent for the quarter. Continue reading

Rocket Mortgage picks up market share — and turns a tidy Q1 profit

On its quest to reclaim the title of nation’s biggest mortgage lender, Rocket didn’t sacrifice profits, generating $291 million in net income as revenue grew 107 percent from a year ago, to $1.38 billion. Continue reading