- Trulia (TRLA) is cutting 85 jobs (mostly for G&A functions) at its Market Leader subsidiary, which it bought last year for $355M. (8-K)
- Trulia expects to record $4M-$6M in pre-tax charges, and to achieve a similar level of 2014 cost savings. The company is reiterating its full-year revenue and adjusted EBITDA guidance.
- The company mentioned on its Q1 CC (transcript) Market Leader's real estate CRM software platform now assists 160K+ agents and manages 40M+ leads. Trulia estimates there's a 20% overlap between its subs and Market Leader's.
- Shares -0.8% AH.