REDFIN CORP (RDFN)
US75737F1084 - Common Stock
REDFIN CORP
NASDAQ:RDFN (11/11/2024, 8:00:01 PM)
Premarket: 9.81 -0.04 (-0.41%)9.85
+0.18 (+1.86%)
Company Profile
Redfin Corp. engages in the management of an online real estate marketplace and provision of real estate services. The company is headquartered in Seattle, Washington and currently employs 4,693 full-time employees. The company went IPO on 2017-07-28. The firm operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sale of their home. The firm's segments include real estate services, rentals and mortgage. The firm uses digital platforms to connect consumers with rental properties. The company helps people find a place to live with brokerage, rentals, lending, title insurance and renovations services. The firm's home-buying customers see homes first with on-demand tours, and its lending and title services help them close the transaction. The company uses the same combination of technology and local service to originate, service, and subsequently sell mortgage loans and offer title and settlement services. The firm offers digital platforms to connect consumers with available apartments and houses for rent and for other advertising. The company serves more than 100 markets across the United States and Canada.
Company Info
REDFIN CORP
1099 Stewart Street, Suite 600
Seattle WASHINGTON 98101
P: 12065768610
CEO: Glenn Kelman
Employees: 4693
Website: https://www.redfin.com/
RDFN News
4 days ago - StockStoryWhy Redfin (RDFN) Shares Are Falling TodayShares of real estate technology company Redfin (NASDAQ:RDFN) fell 27.6% in the afternoon session after the company reported weak third-quarter earnings, which fell short of Wall Street's expectations. The number of brokerage transactions missed, and EBITDA fell short of Wall Street's estimates. The challenging operating environment, characterized by fluctuating mortgage rates and aggressive competitor ad spending, further weakened the performance. As a result, EBITDA guidance came in below expectations, throwing some cold water on the solid revenue guide. Overall, this was a weaker quarter.
4 days ago - The Motley FoolRedfin (RDFN) Q3 2024 Earnings Call TranscriptRDFN earnings call for the period ending September 30, 2024.
4 days ago - ChartmillWhich stocks are moving after the closing bell on Thursday?The regular session of the US market on Thursday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
5 days ago - StockStoryRedfin (NASDAQ:RDFN) Reports Sales Below Analyst Estimates In Q3 Earnings, Stock Drops 13.3%Real estate technology company Redfin (NASDAQ:RDFN) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 3.4% year on year to $278 million. On the other hand, next quarter’s outlook exceeded expectations with revenue guided to $242 million at the midpoint, or 1.5% above analysts’ estimates. Its GAAP loss of $0.28 per share was 38.2% below analysts’ consensus estimates.
5 days ago - Redfin CorporationRedfin Reports Third Quarter 2024 Financial Results5 days ago - Market News VideoNotable Thursday Option Activity: MPW, RDFN, ARQTRDFN Twits
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