Revenues were USD 67 m, a miss of nearly USD 3m in expectations. The net loss was USD 24 m and in line with market expectations.
When comparing year on year growth in Q3 with Q2 year on year growth, there is some slowing in the business.
In particular, year on year Marketplace revenue growth slowed to 78% in Q3 from 142% in Q2, and its Media revenue growth to 26% from 41%. Marketplace was 83% of Q3 revenue, and Media 17%.
The company's monthly unique visitors rose 36% year on year in Q3 to 55M; Q2 growth was 48%. Mobile monthly uniques +89% to 29.9M; growth was nearly even with Q2's 92%.
Here is the press release.
Trulia, Inc. (NYSE: TRLA), a leading online marketplace for home buyers, sellers, renters and real estate professionals, today announced financial results for the third quarter ended September 30, 2014.
Trulia is making great progress in helping consumers find their ideal home no matter where they are, with Q3 representing the first quarter where mobile users comprised the majority of our audience, said Pete Flint, Chief Executive Officer of Trulia (TRLA). On the agent side of our marketplace, we have added over 18,000 subscribers since rolling out the second phase of our inventory expansion program at the start of 2014. Our combined lead generation and software platform is well positioned to drive the continued growth of our agent business.
Key Business Metrics Third Quarter 2014