Trulia’s (TRLA) total revenue for the third quarter of 2014 was $67.1 million, up 67% year-over-year.
Adjusted net loss attributable to common stockholders for the third quarter of 2014 was $2.8 million, or $0.08 per share on a basic and diluted basis, compared with adjusted net income attributable to common stockholders of $9.1 million, or $0.26 and $0.24 per share on a basic and diluted basis, respectively, for the third quarter of 2013.
(source Trulia; Click to enlarge)
While earnings per share were in line, the online real estate company missed the $69.87 million analysts consensus, according to Briefing.com.
The company recorded monthly unique visitors in the third quarter of 2014 were 55.0 million, an increase of 36% from 40.6 million in the same period last year.
On top of this significant growth, Trulia’s mobile monthly unique visitors in the third quarter of 2014 were 29.9 million, an increase of 89% from 15.8 million in the same period last year, while total subscribers as of Sept. 30 were approximately 77,900, an increase from approximately 74,000 as of June 30.
“Trulia is making great progress in helping consumers find their ideal home no matter where they are, with Q3 representing the first quarter where mobile users comprised the majority of our audience,” said Pete Flint, CEO of Trulia.
“On the agent side of our marketplace, we have added over 18,000 subscribers since rolling out the second phase of our inventory expansion program at the start of 2014. Our combined lead generation and software platform is well positioned to drive the continued growth of our agent business,” Flint added.