Zillow Group Reports Fourth-Quarter and Full-Year 2023 Financial Results
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Zillow (ZG) stock climbs after better FQ4 results and upbeat 2024 outlook
February 13, 2024 4:21 PM ESTZillow (NASDAQ: ZG) saw its shares rise more than 6.7% in premarket trading Wednesday after the company posted better-than-anticipated FQ4 revenue and adjusted EBITDA, and issued an optimistic outlook for 2024.
Specifically, revenue came in at $474 million, topping the consensus estimate of $451.21 million.
The real estate marketplace operators Mortgages segment contributed $22 million to the revenue, outperforming the estimated $20.7 million.
Moreover, Zillow's... More
