UPDATE: Trulia Posts Wider-Than-Expected Q4 Loss, Issues Upbeat Q1 Revenue Forecast

Trulia

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.