30.10.2014 04:52:54
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Trulia Q3 Loss Widens, Suspends Q4 Outlook Due To Zillow Deal - Quick Facts
(RTTNews) - Trulia, Inc. (TRLA) reported third-quarter net loss of $23.99 million or $0.64 per share, sharply wider than $2.22 million or $0.06 per share last year.
Excluding items, adjusted loss for the quarter was $0.08 per share, compared to earnings of $0.24 per share last year.
On average, 12 analysts polled by Thomson Reuters expected the company to report a loss of $0.08 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter surged 67 percent to $67.14 million from $40.28 million in the same quarter last year. Twelve analysts had a consensus revenue estimate of $69.96 million.
Trulia said it is not providing an outlook for revenue and adjusted EBITDA for the fourth quarter of 2014 due to its pending $3.5 billion acquisition by real-estate information website Zillow, Inc. (Z), which was agreed upon in late July.
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