10:22 AM EDT, 08/07/2024 (MT Newswires) -- Real Brokerage ( REAX ) shares were up 7.5% in recent Wednesday trading after the company's Q2 loss narrowed and revenue increased.

The company reported a Q2 loss of $0.01 per diluted share, narrower than a loss of $0.02 a year earlier.

Three analysts polled by Capital IQ expected a $0.02 loss.

Revenue for the quarter ended June 30 rose to $340.8 million from $185.3 million a year earlier.

Three analysts surveyed by Capital IQ expected $264.5 million.

Price: 5.87, Change: +0.41, Percent Change: +7.51