
Redfin Corp. ($RDFN) reported its fourth-quarter earnings with a revenue of $244.3 million, reflecting a 12% increase year-over-year. However, the company incurred a loss of $113 million, which overshadowed its revenue growth. CEO Carrie Wheeler stated that Redfin has entered 2025 as a 'leaner, more efficient business' following a painful restructuring. The company is focusing on cost savings, enhanced marketing, and strengthening its sales team to return to profitability. Despite the revenue growth, the stock fell by 11% after the announcement, and the company provided below-consensus guidance for the first quarter. The results come amid a challenging environment for real estate brokerages, with Redfin's stock experiencing volatility in the market.






Redfin's total headcount rose in calendar year 2024 That's according to @ResidentialClub's analysis of its earnings report published this week https://t.co/v4YWNz1yaf
Revenue was up 12% in Q4, but losses increased. The company hopes cost savings, marketing and a stronger sales team will get it back in the black in 2025. @Redfin Read more: https://t.co/t4LZ9bhm5O #realestatenews #realestate #redfin #earnings
$RDFN (-11.6% pre) Redfin stock tanks after below-consensus Q1 guidance, mixed Q4 results https://t.co/fpVaOnKVSL