SunTrust Reiterates Buy Following Zillow (Z) 1Q Results
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Zillow Group Reports First Quarter 2015 Consolidated Results; Reaffirms Full-Year 2015 Outlook
May 12, 2015 4:30 PM EDTPro forma Revenue of $162.5 million, up 35% year over year. Pro forma Real Estate Revenue of $113.4 million, up 54% year over year. GAAP Revenue of $127.3 million. Reaffirmed full-year 2015 pro forma Revenue outlook of $690 million and pro forma Adjusted EBITDA of $80 million - $85 million. In March 2015, nearly 140 million unique users visited Zillow Group consumer brands Zillow, Trulia, StreetEasy and HotPads. Trulia integration on track for completion by year-end.
SEATTLE, May 12, 2015 (GLOBE NEWSWIRE) -- Zillow Group (Nasdaq: Z), which houses a portfolio of the largest and most vibrant... More
Zillow Group Signs 105 New Multiple Listing Services in Past Six Weeks
May 12, 2015 8:00 AM EDTSEATTLE, May 12, 2015 /PRNewswire/ -- Zillow Group, which houses a portfolio of the largest and most vibrant real estate and home-related brands on mobile and Web, today announced that Zillow® and Trulia® have signed 105 new agreements with multiple listing services (MLSs) in the past six weeks. In total, Zillow Group has signed 235 new agreements with MLSs since January 2015, representing hundreds of thousands of agents and listings.
"We have put a tremendous amount of resources into building these direct relationships with MLSs and creating technology to ensure we can show listings in real time to the millions... More
