Zillow: 2Q Earnings Snapshot
SEATTLE (AP) _ Zillow Group Inc. (Z) on Wednesday reported a loss of $72 million in its second quarter.
On a per-share basis, the Seattle-based company said it had a loss of 35 cents. Losses, adjusted for stock option expense, were 14 cents per share.
The real estate website operator posted revenue of $599.6 million in the period.
Zillow shares have increased 58% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $49.75, climbing slightly in the last 12 months.