Trulia Q1 Loss Widens; Lifts FY14 Revenue Outlook

(RTTNews) - Trulia, Inc. (TRLA) Tuesday said first-quarter net loss attributable to common stockholders was $15.2 million or $0.41 per share, wider than $2.0 million or $0.07 per share in the same period last year.

Adjusted loss for the latest first quarter widened to $5.3 million or $0.14 per share from $0.6 million or $0.02 per share in the prior year quarter. On average, twelve analysts polled by Thomson Reuters expected the company to report a loss of $0.13 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 127% to $54.49 million from $24.00 million last year, while eleven analysts expected revenues of $53.46 million.

Looking ahead to the second quarter, the company has forecast revenues in the range of $61.5 million to $62.5 million. Analysts currently expect second quarter revenues of $61.04 million.

For the fiscal year 2014, the company now expects revenues in the range of $250 million to $253 million. Analysts currently expect full-year revenues of $247.57 million.

Earlier, the company expected revenues in the range of $245 million to $248 million.