In Its First Report Since Going Public, Trulia Posts First Profitable Quarter, Record Revenue

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http://techcrunch.com – How are the recent class of tech IPOs faring? Real estate search engine and Zillow competitor, Trulia went public in September, debuting at $22.10 per share (up 30 percent from its initial pricing) with a valuation around $580 million. Today, Trulia announced its third quarter earnings — its first report as a public company. While results were mixed overall, the company still managed to give shareholders a few reasons to be optimistic. For starters, the real estate marketplace saw revenue increase by 76 percent year-over-year to $18.5 million, which outpaced Wall Street’s average (IT news)