Items Tagged with 'Net loss'

ARTICLES

  • Freddie Mac reports $3.3 billion loss in Q4

    Will request draw from Treasury to cover loss
    Freddie Mac, while reporting a profit for the full year in 2017, posted a more than $3 billion loss in the fourth quarter. The fourth quarter’s net income posted a loss of $2.9 billion, and comprehensive income showed a loss of $3.3 billion. Here’s why, and what happens next.
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  • Zillow revenue hits record highs in first quarter

    Surges by 32% annually
    Zillow reported its first quarter earnings, showing revenues hit record highs. Site traffic also hit new highs, and the company updated its forecast for its full-year revenues. Now, if revenues hit the midrange of Zillow’s new forecast, it will represent an increase of 25% from 2016.
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