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Trulia Posts Solid First-Quarter Results; Fiscal 2014 Revenue Guidance Increased

Trulia Posts Solid First-Quarter Results; Fiscal 2014 Revenue Guidance Increased

Trulia reported solid fiscal first-quarter results; revenue of $54.5 million was above the consensus estimate of $53.5 million, and adjusted EBITDA of $2.8 million exceeded the Street expectation of $1.6 million. Subscribers reached 66,700 during the period, ahead of the Street’s expectation of 64,140, driven primarily by inventory expansion. Fiscal 2014 revenue guidance was increased

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