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…
AT&T Inc. Increased Penetration of Next Pricing
Based on exit take rates for 2013, analysts have revised assumptions around the success of the company’s Next pricing plan. Approximately 15%, or 1.2 million, of the 7.9 million smartphones purchased on the AT&T network were associated with the Next plan in the fourth quarter, with that percentage escalating to around 20% at the end of…