Tag Archives: Redfin Q1 earnings

Redfin unfazed by 2% revenue drop as it finalizes deal with Rocket

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Despite a year-over-year decline in Q1, CEO Glenn Kelman voiced confidence in a statement on Tuesday as Redfin continued to finalize its $1.75 billion all-stock merger with Rocket Companies. Continue reading →

Redfin rides momentum to Q1 revenue bump, beats expectations

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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 →