UPDATE: Trulia Posts Wider-Than-Expected Q4 Loss, Issues Upbeat Q1 Revenue Forecast
Trulia (NYSE: TRLA) reported a loss in the fiscal fourth quarter.
Trulia posted a quarterly loss of $1.6 million, or $0.06 per share, versus a year-ago loss of $2.1 million, or $0.30 per share. Excluding one-time items, Trulia posted a loss of $0.03 per share.
Its revenue rose to $20.6 million, from $11.74 million. However, analysts were expecting a loss of $0.02 per share on revenue of $19.1 million.
Trulia projects current fiscal first quarter sales of $20.8 million to $21.2 million, versus estimates of $19.3 million.
Trulia shares surged 12.23% to $26.70 in after-hours trading.
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