Zillow, Inc. Reports Record First Quarter 2014 Results
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Zillow, Inc. (Z) Posts Surprise Q1 EPS of 2c
May 7, 2014 4:31 PM EDTZillow, Inc. (NASDAQ: Z) reported Q1 EPS of $0.02, $0.10 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $66.2 million versus the consensus estimate of $63.21 million.
Operating and Business Highlights
Zillow continues to grow its audience and increase its market share. Average monthly unique users during the first quarter of 2014 reached a record 70.7 million, up 51% year-over-year. Traffic to Zillow on mobile and Web peaked in the quarter in March with nearly 77 million unique users, and April was another record with nearly 79 million monthly unique users, an increase of... More