Key Developments: Trulia Inc (TRLA.N)

TRLA.N on New York Stock Exchange

31.90USD
17 Apr 2014
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Latest Key Developments (Source: Significant Developments)

Trulia Inc issues Q1, FY 2014 guidance; EBITDA guidance below analysts' estimates
Thursday, 13 Feb 2014 04:24pm EST 

Trulia Inc:Expects Q1 2014 total revenue in the range of $53.1 mln to $53.5 mln.Expects Q1 2014 adjusted EBITDA to be in the range of $1.4 mln to $1.6 mln.Expects FY 2014 total revenue to be in the range of $245 mln to $248 mln.Expects FY 2014 adjusted EBITDA in the range of $18 mln to $22 mln.Q1 2014 revenue of $53 mln and EBITDA of $8.4 mln - Thomson Reuters I/B/E/S.FY 2014 revenue of $246 mln and EBITDA of $51.4 mln - Thomson Reuters I/B/E/S.  Full Article

Trulia Inc announces pricing of $200 million convertible senior notes offering
Thursday, 12 Dec 2013 12:29am EST 

Trulia Inc:Says pricing of its offering of $200 million aggregate principal amount of its 2.75% convertible senior notes due 2020 in a private placement to qualified institutional buyers.Says it has granted the initial purchasers a 30-day option to purchase up to an additional $30 million aggregate principal amount of the Notes to cover over-allotments, if any.Says the offering is expected to close on Dec. 17.Says intends to use up to $30 million of the net proceeds from the offering to repurchase shares of its common stock from purchasers of the notes concurrently with this offering through one of the initial purchasers or its affiliate as Trulia's agent.Says to use approximately $7.2 million of the net proceeds to repay all of the amounts outstanding under its credit facility and to terminate this facility upon the closing of the offering.Says it intends to use the remainder of the net proceeds from the offering for working capital and other general corporate purposes.  Full Article

Trulia Inc proposes $150 million convertible senior notes offering
Tuesday, 10 Dec 2013 04:02pm EST 

Trulia Inc:Intends to offer $150 million aggregate principal amount of its convertible senior notes due 2020 in a private placement.Expects to grant the initial purchasers of the notes a 30-day option to purchase up to an additional $22.5 million aggregate principal amount of the notes to cover over-allotments, if any.Says notes will be convertible into shares of Trulia`s common stock at the option of the holders at any time prior to the close of business on the business day immediately preceding the maturity date.Intends to use up to $30.0 million of the net proceeds from the offering to repurchase shares of its common stock from purchasers of the notes concurrently with this offering through one of the initial purchasers or its affiliate as Trulia`s agent.Says use about $7.2 million of the net proceeds to repay all of the amounts outstanding under its credit facility and to terminate this facility upon the closing of the offering.Intends to use the remainder of the net proceeds from the offering for working capital and other general corporate purposes, and may use a portion of the net proceeds to acquire or invest in complementary businesses, products, services, technologies, or other assets.  Full Article

Trulia Inc gives FY 2013 revenue guidance-conference call
Tuesday, 19 Nov 2013 05:00pm EST 

Trulia Inc:Sees FY 2013 revenue to be 100 mln-plus.FY 2013 revenue $143 mln -- Thomson Reuters I/B/E/S Estimates.  Full Article

Trulia Inc Issues Q4 2013 Guidance; Revenue Guidance Above Analysts' Estimates
Tuesday, 29 Oct 2013 04:38pm EDT 

Trulia Inc announced that it is providing revenue and Adjusted EBITDA outlook for the fourth quarter of 2013 as follows: Total revenue is expected to be in the range of $48.5 million to $50.0 million and Adjusted EBITDA is expected to be in the range of $6.6 million to $7.0 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $48.3 million and EBITDA of $6.8 million for the fourth quarter of 2013.  Full Article

Trulia Inc Completes Acquisition Of Market Leader, Inc-Form 8-K
Wednesday, 21 Aug 2013 06:01am EDT 

Trulia Inc reported in its Form 8-K that On August 20, 2013, it has completed its previously announced acquisition of Market Leader, Inc. (Market Leader) pursuant to that certain Agreement and Plan of Merger, dated May 7, 2013, by and among Trulia, Mariner Acquisition Corp., a wholly owned subsidiary of Trulia (Merger Sub), and Market Leader (the Merger Agreement). Trulia‚Äôs acquisition of Market Leader was for approximately $170,476,086 in cash and approximately 5,340,365 newly issued shares of Company common stock, par value $0.00001 per share (Company Common Stock). In connection with the merger substantially all of the stock options, stock appreciation rights and restricted stock units of Market Leader were converted into stock options, stock appreciation rights and restricted stock units, respectively, denominated in shares of Company Common Stock based on formulas set forth in the Merger Agreement.  Full Article

Trulia Inc Issues Q3 2013 Guidance Above Analysts' Estimates
Wednesday, 31 Jul 2013 04:05pm EDT 

Trulia Inc announced that it is providing revenue and adjusted EBITDA outlook for the third quarter of 2013 as follows: revenue is expected to be in the range of $30.5 million to $31.5 million and adjusted EBITDA is expected to be in the range of $4.0 million to $4.5 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $29.2 million and EBITDA of $3.8 million for the third quarter of 2013.  Full Article

Trulia Inc Issues Q2 2013 Guidance Above Analysts' Estimates
Tuesday, 30 Apr 2013 04:16pm EDT 

Trulia Inc announced that for second quarter of 2013, it expects revenue to be in the range of $27.3 to $27.7 million and adjusted EBITDA to be in the range of $2.5 to $2.9 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $24 million and EBITDA of $2.25 for second quarter of 2013.  Full Article

Trulia Inc Announces Exercise Of Option To Purchase Additional Shares In Follow-On Offering
Thursday, 21 Mar 2013 08:50am EDT 

Trulia Inc announced that the underwriters of previously announced follow-on offering have exercised in full their option to purchase an aggregate of 931,606 additional shares of Trulia's common stock, 525,000 of which will be purchased from Trulia and 406,606 of which will be purchased from certain selling stockholders, at the public offering price of $29.75, less underwriting discounts and commissions. The closing of the option exercise is expected to occur on March 26, 2013. Deutsche Bank Securities, J.P. Morgan Securities and RBC Capital Markets are serving as joint book-running managers for the offering. Needham & Company and William Blair are serving as co-managers.  Full Article

Trulia Inc Announces Pricing of Follow-On Offering
Thursday, 14 Mar 2013 08:44pm EDT 

Trulia Inc announced the pricing of its follow-on public offering of an aggregate of 6,210,705 shares of its common stock at a price to the public of $29.75 per share. Trulia is selling 3,500,000 shares of common stock and certain selling stockholders are selling 2,710,705 shares of common stock in the offering. In addition, Trulia and certain of the selling stockholders have granted the underwriters a 30-day option to purchase up to an aggregate of 931,606 additional shares of common stock at the public offering price, 525,000 of which would be offered by Trulia and 406,606 of which would be offered by certain selling stockholders. Deutsche Bank Securities, J.P. Morgan Securities and RBC Capital Markets are serving as joint book-running managers for the offering. Needham & Company and William Blair are serving as co-managers.  Full Article

Trulia profit misses estimate as marketing expenses jump

- Online real estate listing service provider Trulia Inc reported a lower-than-expected quarterly profit due to a jump in marketing expenses and said it would start a campaign this year to target customers using mobile devices.

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