Actionable news
All posts from Actionable news
Actionable news in Z: Zillow, Inc.,

Zillow Group Reports Wider Loss

Overall, Zillow reported a loss of $26 million, or 15 cents a share, compared with $16 million, or 13 cents a share, a year earlier. Excluding stock-based compensation, the sale of Market Leader and other items, Zillow reported a profit of seven cents a share, up from four cents a share a year earlier.

Analysts surveyed by Thomson Reuters had projected a loss of three cents a share.

Meanwhile, revenue surged to $176.8 million from $88.6 million a year earlier, in line with the company’s projections. On a pro forma basis, assuming the inclusion of Trulia results...