http://www.prnewswire.com/news-releases/redfin-fourth-quarter-2019-revenue-up-88-year-over-year-to-233-million-301003967.html. Launched a referral partnership with Opendoor in, Expanded Fast Offers technology to Redfin agents in. We believe our expectations related to these forward-looking statements are reasonable, but actual results may turn out to be materially different. Redfin's Annual Report & Profile shows critical firmographic facts: What is the company's size? Redfin's fourth quarter net loss were better than we projected in our last earnings call. Net loss per share, basic and diluted, was $0.88, compared to net loss per share, basic and diluted, of $0.49 in 2018. Total revenue between $226 million and $233 million, representing a year-over-year decrease between 3% and 0% compared to the fourth quarter of 2019. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Redfin now charges a 1% listing fee to sellers who also buy their next home with Redfin within 12 months and a 1.5% listing fee to sellers who just sell their home with Redfin. 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. 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. Do the numbers hold clues to what lies ahead for the stock? Patent pending. For the fourth quarter of 2019 we expect: Total revenue between $211 million and $220 million, representing year-over We undertake no obligation to update forward-looking statements to reflect future events or circumstances. Operating expenses were 20% of revenue, down from 31% in the fourth quarter of 2018. Real estate services gross margin was 29%, compared to 28% in 2018. We continue to work towards our goal of 50% overall as well as prioritizing racial and ethnic diversity because employing a diverse workforce will help us deliver better service to all people. Operating expenses were $223 million, an increase of 37% from $163 million in 2018. Launched Direct Access for RedfinNow listings in. Gross profit was $93 million, an increase of 74% from $53 million in the third quarter of 2019. $780 million: Redfin’s revenue for all of 2019. Cash, cash equivalents, and restricted cash: Redfin Corporation and SubsidiariesSupplemental Financial Information and Business Metrics(unaudited), Real estate services revenue per transaction, Aggregate home value of real estate services transactions (in millions), Revenue from top-10 Redfin markets as a percentage of real estate services revenue, Redfin Corporation and SubsidiariesSupplemental Financial Information(unaudited, in thousands), View original content to download multimedia:http://www.prnewswire.com/news-releases/redfin-fourth-quarter-2019-revenue-up-88-year-over-year-to-233-million-301003967.html, Investor Relations, Elena Perron, 206-576-8610, ir@redfin.com; Public Relations, Mariam Sughayer, 206-876-1322, press@redfin.com, Redfin Fourth-Quarter 2019 Revenue up 88% Year-over-Year to $233 Million. 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. All forward-looking statements reflect our beliefs and assumptions only as of the date of this press release. The following forward-looking statements reflect Redfin's expectations as of August 1, 2019, and are subject to substantial uncertainty. SEATTLE, Nov. 6, 2019 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced financial results for the third quarter ended September 30, 2019. Redfin revenue for the twelve months ending September 30, 2020 was $0.875B, a 30.42% … Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support © 2020, Redfin. 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. Introduced a new listing fee to unify our pricing nationwide and reward our most loyal customers with the greatest savings. Real estate services gross profit was $150 million, an increase of 22% from $123 million in 2018. SEATTLE, Feb. 12, 2020 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced financial results for the fourth quarter and full year ended December 31, 2019. Redfin expects third-quarter revenue to surge 59%-66% to between $223 million and $233 million. Cash, cash equivalents, and restricted cash: Supplemental Financial Information and Business Metrics, Real estate services revenue per transaction, Aggregate home value of real estate services transactions (in millions), Revenue from top-10 Redfin markets as a percentage of real estate services revenue, View original content to download multimedia:http://www.prnewswire.com/news-releases/redfin-third-quarter-2019-revenue-up-70-year-over-year-to-239-million-300953174.html, Investor Relations, Elena Perron, 206-576-8610, ir@redfin.com, Public Relations, Mariam Sughayer, 206-876-1322, press@redfin.com, Redfin Third-Quarter 2019 Revenue up 70% Year-over-Year to $239 Million. 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. Interest income was $7.1 million and interest expense was $8.9 million, compared to $5.4 million and $3.7 million, respectively, in 2018. In an effort to arm consumers with as much information as possible, Redfin is now displaying the commission offered to the buyer's agent for homes listed by Redfin. For the second quarter, Redfin is guiding for revenue to rise 29% to 35%, up to a range of $183.7 million to $193.1 million. 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. 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. Get the detailed quarterly/annual income statement for Redfin Corporation (RDFN). Properties segment revenue between $31 million and $34 million is included in the guidance provided. SEATTLE, May 8, 2019 /PRNewswire/ -- Redfin Corporation today announced financial results for the first quarter ended March 31, 2019. Fourth Quarter 2019Revenue increased 88% year-over-year to $233 million during the fourth quarter. We calculate our market share by aggregating the home value of brokerage and partner real estate services transactions. Redfin (RDFN) delivered earnings and revenue surprises of 75.00% and 3.71%, respectively, for the quarter ended September 2019. Our mission is to redefine real estate in the consumer's favor. Condensed Consolidated Statements of Comprehensive Income (Loss), (in thousands, except share and per share amounts, unaudited), Unrealized loss on available-for-sale securities. Net loss was $81 million, compared to net loss of $42 million in 2018. 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. Management is also guiding for net income of $3.4 million to … In a commission-driven industry, we put the customer first. Depreciation and amortization was $2.9 million, up from $2.3 million in the fourth quarter of 2018. Conference CallRedfin will webcast a conference call to discuss the results at 1:30 p.m. Pacific Time today. This 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... | May 8, 2019 Operating expenses were $45.9 million, an increase of 18% from $39.0 million in the third quarter of 2018. All forward-looking statements reflect our beliefs and assumptions only as of the date of this press release. Gross profit was $144 million, an increase of 21% from $119 million in 2018. We do this by pairing our own agents with our own technology to create a service that is faster, better, and costs less. Increased our proportion of women technologists from 32.9% in 2018 to 34.4% in 2019. Other software released in the fourth quarter includes a new listings activation form that makes it simple for listing coordinators to collect all the necessary information about each home in one place, making it easier to take a listing live on the market. Operating expenses were 19% of revenue, down from 28% in the third quarter of 2018. We do this by pairing our own agents with our own technology to create a service that is faster, better, and costs less. SEATTLE, Feb. 12, 2020 /PRNewswire/ -- Redfin Corporation (NASDAQ:RDFN) today announced financial results for the fourth quarter and full year ended December 31, 2019. Redfin’s Q3 revenue spikes 70% as it aims to ‘redefine real estate in the consumers’ favor’ by Taylor Soper on November 6, 2019 at 3:04 pm November 8, 2019 at 9:47 am. SEATTLE, Aug. 1, 2019 /PRNewswire/ -- Redfin Corporation today announced financial results for the second quarter ended June 30, 2019. All rights reserved. Earned a Net Promoter Score, a measure of customer satisfaction, that is 18% higher than competing brokerages', as measured in a Redfin-commissioned, Continued to expand our nationwide footprint in the fourth quarter, launching brokerage services in. The following forward-looking statements reflect Redfin's expectations as of November 6, 2019, and are subject to substantial uncertainty. Revenue from traditional brokerage sales was up 36% year over year. 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. The brokerage previously charged either a 1% or 1.5% fee based on the market. The webcast will be open to the public at http://investors.redfin.com. Revenue was up 88% from the fourth quarter of 2018 to $233 … Real estate services gross margin was 35%, compared to 34% in the third quarter of 2018. We represent people buying and selling homes in over 90 markets in the United States and Canada. http://www.prnewswire.com/news-releases/redfin-third-quarter-2019-revenue-up-70-year-over-year-to-239-million-300953174.html. Patent pending. Redfin Corporation and SubsidiariesConsolidated Statements of Comprehensive Loss(in thousands, except share and per share amounts), Net loss per share attributable to common stock—basic and diluted, Weighted average shares of common stock—basic and diluted, Unrealized gain on available-for-sale securities. "We're investing more in better service, but also in disruptive technologies that let people tour and buy homes without an agent. Stock-based compensation was $8.0 million, up from $6.0 million in the fourth quarter of 2018. 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