Key Developments For ZipRealty, Inc.
ZipRealty, Inc. (ZIPR.O) (Consolidated Issue listed on NASDAQ Global Market)
ZipRealty, Inc. Raises Low End Of Prior FY 2009 Revenue Guidance To A Range In Line With Analysts' Estimates; Reaffirms FY 2009 Earnings Guidance
ZipRealty, Inc. announced that for fiscal 2009, it expects revenues to grow in the upper-single to low double digits over fiscal 2008 levels and GAAP net loss to be narrower than the fiscal 2008 net loss of $14.7 million, excluding legal settlement. The Company reported revenue of $107 million in fiscal 2008. According to Reuters Estimates, analysts are expecting the Company to report net loss of $14.1 million and revenue of $119 million for fiscal 2009.
ZipRealty, Inc. Launches New Online Seller Tools to Reveal Local Commission Rates and Active Buyer Volume
ZipRealty, Inc. launches a new suite of online tools. Homeowners looking to sell their homes can quickly and easily get a snapshot of the current, local real estate sales commission rates in their area, as well as see the number of active buyers shopping for homes.
ZipRealty, Inc. Issues FY 2009 Earnings Guidance; Revenue Guidance Below Analysts' Estimates-Conference Call
ZipRealty, Inc. announced that for fiscal 2009, it expects revenue growth in the mid-single digits to low-double digit range compared to year-earlier levels. On the bottom line, it expect the GAAP net loss for fiscal 2009 to be narrower than the fiscal 2008 net loss of $14.7 million, excluding legal settlements and on that basis, pro forma net loss should also improve from the $10.8 million recorded for fiscal 2008. The Company reported revenue of $107 million in fiscal 2008. According to Reuters Estimates, analysts were expecting the Company to report net loss of $(14.1) million and revenue of $117 million for fiscal 2009.
ZipRealty, Inc. Reaffirms FY 2009 Guidance
ZipRealty, Inc. announced that for fiscal 2009 it expects revenue to grow in the mid-single to low double digits over 2008 levels and GAAP net loss to be narrower than the 2008 net loss of $14.7 million excluding legal settlement. The Company reported revenues of $107.5 million in fiscal 2008. According to Reuters Estimates, analysts are expecting the Company to report revenue of $116.65 million for fiscal 2009.
ZipRealty, Inc. Comments On FY 2009 Earnings Guidance; Issues FY 2009 Revenue Guidance In Line With Analysts' Estimates
ZipRealty, Inc. announced that for fiscal 2009, it expects revenues to grow in the mid-single to low double digits over fiscal 2008 levels and GAAP net loss to be narrower than the fiscal 2008 net loss of $14.7 million excluding legal settlement. The Company reported revenues of $107.5 million in fiscal 2008. According to Reuters Estimates, analysts were expecting the Company to report revenues of $116.60 million for the same period.
