Redfin (RDFN) Tops Q1 EPS by 1c, Revenues Beat; Offers Q2 Revenue Guidance Above Consensus
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Redfin First-Quarter 2019 Revenue up 38% Year-over-Year to $110.1 Million
May 8, 2019 4:01 PM EDTSEATTLE, May 8, 2019 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced financial results for the first quarter ended March 31, 2019. All financial measures, unless otherwise noted, are presented on a GAAP basis and include stock-based compensation as well as depreciation and amortization expenses.
Revenue increased 38% year-over-year to $110.1 million during the first quarter. Gross profit was $2.8 million, a decrease of... More
