REA Group revenue up 16% in Q3

09 May 2017

REA Group (ASX: REA) revenue grew 16 percent in Q3 of FY2016/17 (the first three months of 2017) to $156 million AUD ($115 million U.S.) from Q3 of F2015/16, the group’s parent company News Corporation (Nasdaq: NWSA) announced in a trading update this week. Earnings before interest, tax, depreciation and amortization (EBITDA) were also up 20 percent to $86 million AUD ($63.2 million U.S.) in…

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Angela Hawksford

Angela is a writer and journalist based in Sydney, Australia. She has extensive knowledge of the Australian real estate industry, having started her career in real estate advertising at News Limited newspapers, where she worked across a number of different mastheads in Sydney. She s also worked in television, magazines and online, and regularly contributes feature articles to The Sydney Morning Herald, MiNDFOOD and The Newcastle Herald. Angela also works as a content writer, creating written content for a number of SMEs across an array of industries, including real estate, education, technology and digital media.