CSIMarket


Redfin Corporation  (RDFN)
Other Ticker:  
 
    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services


 

Redfin Corporation

RDFN's Financial Statements and Analysis



Redfin Corporation increased first quarter of 2024 net loss per share of $-0.57 compare to net loss per share of $-0.55 recorded in the same quarter a year ago a decrease compare to $-0.19 realized in previous quarter.


first quarter of 2024
Earnings Per Share Revenues
$ -0.57 $  225 Mill
$-0.02     $-101M     -30.97 %



Redfin's Revenue fell by -30.97 % in first quarter of 2024 (Mar 31 2024) year on year, to $225 million and advanced by 110.84 % sequentially.


Redfin is

More on RDFN's Income Statement



Redfin in the first quarter of 2024 recorded net loss of $-66.774 million, an increase from net loss of $-60.798 million in I. Quarter a year ago.

Sequentially net loss advanced

More on RDFN's Growth

Redfin Inventories
In Mar 31 2024 company's net cash and cash equivalents decreased by $-43 million, capital expenditures fell by -2.91921.89%, to $-4 millions compare to same quarter a year ago

More on RDFN's Cash flow Statement


Redfin Corporation does not pay out common stock dividend.

In trailing twelve-month period Redfin Corporation payed $ -0.13 cash per share, on a free-cash flow basis .


Tangible Book value fell to $ -5.24 per share from $ -5.15.

Company issued 5.35 million shares or 4.73 % in Mar 31 2024.


More on RDFN's Dividends

 Market Capitalization (Millions) 711
 Shares Outstanding (Millions) 118
 Total Debt (Millions $) 922
 Revenue (TTM) (Millions $) 875
 Net Income (TTM) (Millions $) -136
 Cash Flow (TTM) (Millions $) -44
 Capital Exp. (TTM) (Millions $) -13
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 3,000




Redfin Corporation does not pay out common stock dividend.

In trailing twelve-month period Redfin Corporation had negative $ -0.13 cash flow per share, on a free-cash flow basis .


Tangible Book value fell to $ -5.24 per share from $ -5.15.

Company issued 5.35 million shares or 4.73 % in Mar 31 2024.


More on RDFN's Balance Sheets

 Market Capitalization (Millions) 711
 Shares Outstanding (Millions) 118
 Total Debt (Millions $) 922
 Revenue (TTM) (Millions $) 875
 Net Income (TTM) (Millions $) -136
 Cash Flow (TTM) (Millions $) -44
 Capital Exp. (TTM) (Millions $) -13
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 3,000
   


  News about Redfin Corporation Earnings

Redfin Corporation Faces Significant Revenue Decline in First Quarter of Fiscal Year 2024

Redfin Corporation, a technology-powered real estate company, recently re...

Redfin Corporation Suffers Significant Decline in Performance During Q4 20232.

Redfin Corporation, a technology-powered real estate brokerage, has experienced a decline in shares over the past 30 days. The shares dropped by -15.98%, bringing the share price to 1.77% in the past 90 days. Currently, Redfin Corporation shares are trading on the NASDAQ at -23% below its 52-week average.
For the fiscal time-frame ending December 31, 2023, Redfin Corporation reported a loss of $0.19 per share, an improvement from the $0.55 loss per share the previous year. However, there was a surge in the deficit from $0.17 per share from the prior financial reporting period. The company experienced a sharp drop in revenue of -77.77% to $106.63 million, compared to $479.66 million in the same period the...

Redfin Corporation Reports Improved Q3 2023 Earnings Per Share Despite Revenue Decline

Redfin Corporation Reports Improved Q3 2023 Results, Despite Revenue Decline
SEATTLE - Redfin Corporation (NASDAQ: RDFN) released its financial results for the third quarter of 2023, showing a decrease in revenue but an improvement in earnings per share. While the real estate company faced challenges due to a sharp decline in revenue, it managed to reduce its loss per share significantly.
For the financial third quarter of 2023, Redfin reported a loss per share of $-0.17, compared to $-0.83 in the same quarter the previous year. This represents a substantial improvement and indicates progress in the company's financial performance. Additionally, income per share improved from $-0.25 in the prior quar...

Redfin Corporation Faces Rigorous Quadrant Amidst Q2 2023 Earnings Decline



Redfin Corporation, a prominent real estate brokerage, has made headlines recently due to its impressive stock performance and improved financial metrics. However, a closer examination of its second-quarter 2023 earnings reveals a significant decline in revenue and ongoing losses. These concerning factors, coupled with a volatile market and questionable long-term prospects, suggest a bearish outlook for Redfin Corporation.
Earnings and Revenue Decline:
During the second quarter of 2023, Redfin Corporation reported a loss per share of $-0.25, indicating an improvement from the previous year's loss of $-0.73 per share. Although this reduction is commendable, it is important to note that the c...

Redfin Corporation Takes a Dive: Top-line Plunges in Recent Fiscal Period

Redfin Corporation is a US-based real estate company that provides online real estate brokerage services. The company was founded in 2004 and is headquartered in Seattle, Washington. Redfin offers a digital platform for buyers and sellers to handle real estate transactions, along with online tools to help clients search for and navigate properties.
Despite its innovative approach to the industry, recent financial reports have raised concerns about the company's performance. Redfin Corporation recorded a cumulative net loss of $-291 million during the 12 months ending in the first quarter of 2023, resulting in a negative return on equi...


Date modified: 2024-05-08T17:23:27+00:00





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com