Zillow misses on revenue, but reiterates full-year targets
12 May 2015
U.S. real estate portal Zillow Group reported Q1 revenues of $127.7 million – down about 7 percent, or nearly $8 million from the same quarter of 2014. In advance of the news, Nasdaq halted trading (Nasdaq:Z) presumably to forestall an end-of-the-day frenzy. This year’s quarter was impacted by transitions in revenue and costs related to the acquisition of rival Trulia.
The trade halt gave finan