Trulia Inc (NYSE:TRLA) said its losses widened in the fourth quarter as the online real-estate-listing service’s costs and expenses more than doubled. San Francisco-based Trulia provides home listings through the Web and mobile applications, and makes money selling subscriptions and advertisements. Trulia, which competes with Zillow Inc. (Z), has benefited from a strong increase in mobile traffic. In the latest period, total traffic rose 49% to 35.3 million monthly unique visitors. Mobile monthly unique visitors rose 86% to 14.3 million. Total subscribers at the end of the period were 59,700. Trulia Inc (NYSE:TRLA) stock opened at $31.20 in last trading session, and closed at $29.97, trading in the range of $29.15 – $32.00. The stock showed a negative weekly performance of -13.08%.
Key Energy Services, Inc. (NYSE:KEG) Reports Q4 (Dec) loss of $0.06 per share, excludingseverance charges of $0.02, in-line with the Capital IQ Consensus Estimate consensus of ($0.06); revenues fell 22.4% year/year to $362.2 mln vs the $361.94 mln consensus. U.S. Segment:
Operating income margins were impacted by seasonal effects and multiple severe weather events. Despite these factors, Rig Services saw a revenue decline of only 3.6% sequentially as a growing customer base mitigated the negative impacts to revenue. Coiled Tubing Services and Fishing and Rental Services were adversely impacted by severe weather and activity reductions by certain customers during the back half of the quarter. International Segment: Operating income margins were adversely impacted by $2.6 million of severance primarily associated with the downsizing of our Mexico operations and by a $3.2 million pre-tax charge associated with the previously disclosed audit by PEMEX. Key Energy Services, Inc. (NYSE:KEG) shares closed at $8.00 on last trade day, by gaining 2.43%. Stock 52 week range is $5.61 – $9.55. Company’s market capitalization is $1.22 billion.
Goodrich Petroleum Corp. (NYSE:GDP) was the recipient of unusually large options trading activity on Friday. Stock traders purchased 9,426 put options on the stock, AmericanBankingNews.com reports. This represents an increase of approximately 547% compared to the typical volume of 1,456 put options. Goodrich Petroleum Corporation (NYSE:GDP) stock decreased -5.50% and finished the last session at $17.00. The EPS of the stock remained -4.37. Company’s market capitalization is $742.44 million.
Chegg Inc (NYSE:CHGG) is a textbook rental service that has hit Q4 revenue of $77 million, which is a 12% increase over the same period last year. Chegg reported earnings per share of 40 cents excluding non-cash items. Chegg’s print revenue increased 3% and digital revenues grew 70% to $16.7 million. Chegg’s digital revenues accounted for 22% of all their revenue in Q4, which is up from 14% a year ago. Chegg’s revenue increased around 20% to $256 million for the full year. Chegg Inc (NYSE:CHGG) stock opened at $6.97 in last trading session and closed at $6.17. The 52 week range of the stock is $6.08 – $11.25 and the day range was $6.08 – $7.00.