No Comments

News Corp. falls short on revenue, touts ‘healthy growth’ in real estate services

News Corp, the parent company of Move’s realtor.com and Australia-based REA Group, beat analysts’ expectations Thursday, posting adjusted third quarter fiscal year 2019 earnings of $0.04 per share, compared to the consensus estimate of $0.01 per share.

However, the company also reported a total revenue of $2.46 billion, which fell below expectations of $2.5 billion.

No Comments

Zillow posts net loss of $67.5M, exceeds revenue expectations

In its first quarter 2019 earnings report released on Thursday, Seattle-based Zillow Group, the operator of listing portals Zillow, Trulia, StreetEasy and RealEstate.com, posted a net loss of $ 67.5 million in the first quarter and announced the expansion of its iBuyer program Zillow Offers to six additional markets.

No Comments

Reali raises $9M in funding round

Flat-fee brokerage Reali announced it has raised $9 million in its latest funding round, adding to the tens of millions of dollars the company has previously pulled in from investors.