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Despite “record” second quarter, Zillow posts $10.48 million loss

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Despite "record" second quarter, Zillow posts $10.48 million loss Zillow Group reported a record $266.9 million in revenue for the second quarter of this year, a 28 percent increase over the same period in 2016. The Seattle real estate data company beat Wall Street.

Posting record sales and still having a loss in the books for the quarter smacks of poor business practices to me. Sounds like AMD has taken cues from the government as to how to manage a budget. Hope they don’t change their business model of superior price/performance ratio as that is where they.

Check out the companies making headlines after the bell on Tuesday: Red Robin Gourmet Burgers fell nearly 3 percent after the closing bell after the company reported earnings and revenue that missed Wall Street expectations. The hamburger restaurant posted adjusted earnings per share of 46 cents versus analyst projections of 48 cents; revenues totaled $315

Tesla Inc. disappointed big time with its second quarter earnings report, missing targets on most key financial metrics, but reporting record production and deliveries that might lead to a turnaround in Q3. News of Tesla’s larger than expected miss in EPS.

 · Interest and other debt expense before loss on early extinguishment of debt for the second quarter of 2019 was $28.4 million, a decrease of $1.5 million as compared to the second quarter.

A record plunge in the South pushed down new home construction. The median selling price of a new home sold in May increased 6.9% from a year ago. Despite that, Kolko says he is seeing a rise in.

After market close yesterday, Tesla (TSLA) reported record losses of over $700 million for a second quarter, but its stock is surging over 8% in aftermarket trading. Here’s why the market is taking Tesla’s losses positively this time: it might be Tesla’s last quarterly loss.

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(Bloomberg) — Tesla shares plummeted after a worse-than-expected loss and yet another major management change cast fresh doubts on the electric-car maker’s future. Despite delivering a record number of vehicles in the second quarter, Tesla lost $1.12 a share, a bigger deficit than any analyst projected.While Chief Executive Officer Elon Musk is hoping to earn a profit in the three months.