Zillow Group Reports First Quarter 2020 Financial Results

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Go back to Zillow Group Reports First Quarter 2020 Financial Results

Zillow Group, Inc. (ZG) Reports Q4 Revenues Beat

May 7, 2020 4:07 PM EDT

Zillow Group, Inc. (NASDAQ: ZG) reported Q4 revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.05 billion.

First quarter 2020 highlights include:

Total consolidated revenue grew 148% year over year to $1.1 billion.Segment loss before income taxes was $41.5 million, $98 million and $13.1 million for the IMT, Homes and Mortgages segments, respectively.Adjusted EBITDA beat company expectations for all three segments.The company exited the quarter with a strong balance sheet, growing cash... More