Susquehanna Raises Price Target on Zillow Group, Inc. (ZG) Following 2Q Beat

Go back to Susquehanna Raises Price Target on Zillow Group, Inc. (ZG) Following 2Q Beat

Zillow Group Reports Second Quarter 2016 Results

August 4, 2016 4:08 PM EDT

Record Revenue of $208.4 million increased 31% year-over-year, excluding revenue from Market Leader, which was divested in the third quarter of 2015.Marketplace Revenue of $191.6 million increased 44% year-over-year, excluding revenue from Market Leader.All-time high of more than 171 million unique users in May to Zillow Group consumer brands Zillow®, Trulia®, StreetEasy®, HotPads® and Naked Apartments®.Zillow Group captured 78% market share of the mobile-only category.

SEATTLE, Aug. 04, 2016 (GLOBE NEWSWIRE) -- Zillow Group, Inc. (NASDAQ: Z) (NASDAQ: ZG), which houses a portfolio of the largest and... More