share_log

Redfin | 10-Q: Q3 2024 Earnings Report

Redfin | 10-Q: Q3 2024 Earnings Report

Redfin | 10-Q：2024财年三季报
美股SEC公告 ·  2024/11/08 05:12

Moomoo AI 已提取核心信息

Redfin reported Q3 2024 revenue of $278 million, up 3% year-over-year, driven by growth in rentals, mortgage, and other segments. However, net loss from continuing operations widened to $33.8 million from $19 million in Q3 2023. Real estate services revenue declined 1% to $175.1 million, with brokerage transactions up 2% but revenue per transaction down 3%.Gross profit increased 4% to $101.9 million, with gross margin unchanged at 36.6%. Operating expenses rose 4% to $128.8 million, including $2.5 million in restructuring costs. Interest expense surged to $8.5 million from $1.6 million last year due to the new term loan.Redfin's U.S. market share by units was 0.76% in Q3, down slightly from 0.78% a year ago. The company ended the quarter with 1,757 lead agents, up from 1,744 in Q3 2023. Management noted ongoing challenges from higher mortgage rates and inflation but highlighted growth in rentals and other segments as offsetting factors.
Redfin reported Q3 2024 revenue of $278 million, up 3% year-over-year, driven by growth in rentals, mortgage, and other segments. However, net loss from continuing operations widened to $33.8 million from $19 million in Q3 2023. Real estate services revenue declined 1% to $175.1 million, with brokerage transactions up 2% but revenue per transaction down 3%.Gross profit increased 4% to $101.9 million, with gross margin unchanged at 36.6%. Operating expenses rose 4% to $128.8 million, including $2.5 million in restructuring costs. Interest expense surged to $8.5 million from $1.6 million last year due to the new term loan.Redfin's U.S. market share by units was 0.76% in Q3, down slightly from 0.78% a year ago. The company ended the quarter with 1,757 lead agents, up from 1,744 in Q3 2023. Management noted ongoing challenges from higher mortgage rates and inflation but highlighted growth in rentals and other segments as offsetting factors.
Redfin报告2024年第三季度营业收入为27800万，同比增长3%，主要得益于租赁、抵押贷款和其他业务的增长。然而，持续经营的净亏损从2023年第三季度的1900万扩大至3380万。房地产服务的营业收入下降1%，降至17510万，虽券商交易增加2%，但每笔交易的营业收入下降3%。毛利润增加4%，达到10190万，毛利率保持不变，为36.6%。营业费用上涨4%，达到12880万，其中包括250万的重组费用。由于新的定期贷款，利息支出猛增至850万，而去年为160万。Redfin在美国的市场份额为0.76%，略微低于去年的0.78%。该公司本季度结束时拥有1757名首席代理人，较2023年第三季度的1744名有所增加。管理层指出，面对更高的抵押贷款利率和通货膨胀带来的持续挑战，但强调租赁和其他领域的增长是抵消因素。
Redfin报告2024年第三季度营业收入为27800万，同比增长3%，主要得益于租赁、抵押贷款和其他业务的增长。然而，持续经营的净亏损从2023年第三季度的1900万扩大至3380万。房地产服务的营业收入下降1%，降至17510万，虽券商交易增加2%，但每笔交易的营业收入下降3%。毛利润增加4%，达到10190万，毛利率保持不变，为36.6%。营业费用上涨4%，达到12880万，其中包括250万的重组费用。由于新的定期贷款，利息支出猛增至850万，而去年为160万。Redfin在美国的市场份额为0.76%，略微低于去年的0.78%。该公司本季度结束时拥有1757名首席代理人，较2023年第三季度的1744名有所增加。管理层指出，面对更高的抵押贷款利率和通货膨胀带来的持续挑战，但强调租赁和其他领域的增长是抵消因素。
有用
没用

该公告为独立文件：

独立文件1  查看翻译

独立文件2  查看翻译

独立文件3  查看翻译

独立文件4  查看翻译

独立文件5  查看翻译

声明：本内容仅用作提供资讯及教育之目的，不构成对任何特定投资或投资策略的推荐或认可。 更多信息
    相关股票 相关股票
    代码 迷你走势 最新价
    Avalon GloboCare
    ALBT
    -- 3.776
    优客工场
    UK
    -- 1.3499
    明大嘉和
    UOKA
    -- 0.227
    房多多
    DUO
    -- 0.6320
    Rafael Holdings
    RFL
    -- 1.736

    解锁榜首股票