Zillow (Z) PT Trimmed to $92 at RBC Capital Following Q2 Results; Still in Transition Year
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Zillow Group Reports Second Quarter 2015 Results
August 4, 2015 4:30 PM EDTReal Estate Revenue Up 37% Year-over-Year, Adjusted EBITDA of $21.0 Million
Revenue of $171.3 million, up 20% year over year on a pro forma basis. Marketplace Revenue of $145.5 million, up 29% year over year on a pro forma basis, and Real Estate Revenue of $122.6 million, up 37% year over year on a pro forma basis. Adjusted EBITDA of $21.0 million, up 277% year over year on a pro forma basis. GAAP net loss of $38.7 million compared to GAAP net loss of $97.1 million during the same period last year. In the second quarter, 141 million average monthly unique users visited Zillow... More