Redfin Corporation provided earnings guidance for the third quarter of 2022. For the year, the company expects total revenue between $590 million and $627 million, representing a year-over-year growth between 9% and 16% compared to the third quarter of 2021. Total net loss is expected to be between $87 million and $79 million, compared to net loss of $19 million in the third quarter of 2021.
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May. 23 | Redfin Says Limited Inventory Drives US Home Prices to New Record, Sales Slip | MT |
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