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Zillow reports revenue jump, lifts outlook

Zillow Group Inc. again lifted its revenue outlook for the year as the top and bottom lines surged above expectations in the latest quarter.

For 2016, the company now expects to report $837 million to $842 million in revenue, up from an earlier view of $830 million to $840 million.

The Seattle-based company, which runs online real estate portals used by house hunters and real-estate agents, bought former rival Trulia last year. The...