Redfin’s losses nearly doubled to $81 million in 2019, but there was a silver lining to be found on Wednesday. The Seattle-based discount broker said in its quarterly earnings call that it narrowed its net loss to $7.8 million from $12.2 million during the fourth quarter, thanks to better margins. During the quarter, revenue also rose 88 percent year-over-year to $233 million. During the earnings call, CEO Glenn Kelman also gave an update on Redfin’s
source https://therealdeal.com/2020/02/12/its-on-like-donkey-kong-redfin-scrambling-to-keep-up-with-ibuyer-demand/
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