| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 225.5MM | +3% |
| Gross Profit | 70.8MM | -3% |
| Cost Of Revenue | 154.7MM | +7% |
| Operating Income | -69.3MM | +57% |
| Operating Expenses | 140.1MM | +19% |
| Net Income | -66.8MM | - |
| R&D | 46.4MM | +5% |
| G&A | 67.9MM | +30% |
| Marketing | 24.9MM | +22% |
| Amortization | 9.7MM | - |
| Interest Expense | 4.9MM | +15% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
April Home Prices Reach All-Time High, Rents Notch First Annual Increase in 12 Months
SEATTLE, May 17, 2024--(NASDAQ: RDFN) — The median U.S. home sale price rose 6.2% year over year in April to $433,558—the highest level on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
SEATTLE, May 17, 2024--(NASDAQ: RDFN) — Redfin announced today it is expanding the Redfin Next agent compensation plan to 25 additional markets. Under Redfin Next, agents in these markets earn competitive splits as high as 70%, have virtually all business expenses covered, and get technology, support, benefits and customer introductions from Redfin.com, the #1 brokerage site in the United States.
SEATTLE, May 17, 2024--(NASDAQ: RDFN) —The median asking rent in Seattle fell 7.3% year over year in April, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s the biggest drop among the U.S. metros Redfin analyzed.
SEATTLE, May 16, 2024--(NASDAQ: RDFN) —Pending home sales fell 4.3% from a year earlier during the four weeks ending May 12, the biggest decline in roughly three months. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Pending home sales also posted a week-over-week decline, unusual for early May.
In the first quarter, investor purchases rose for the first time in almost two years, according to Redfin.
SEATTLE, May 15, 2024--(NASDAQ: RDFN) — Real estate investors bought roughly 44,000 U.S. homes in the first quarter of 2024, up 0.5% from a year earlier—the first increase since the second quarter of 2022. That is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
Good things could be on the horizon when a stock surpasses the 200-day simple moving average. How should investors react?
Second-Home Mortgage Demand Plunges Amid Record-High Housing Costs, Redfin Says
SEATTLE, May 13, 2024--(NASDAQ: RDFN) — U.S. homebuyers took out 90,772 mortgages for second homes in 2023, down 40% from a year earlier and down 65% from the height of the pandemic housing boom in 2021, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.