August 24, 2016 6:15 AM ET

Internet Software and Services

Company Overview of Zillow Group, Inc.

Company Overview

Zillow Group, Inc. operates real estate and home-related information marketplaces on mobile and the Web in the United States. It offers a portfolio of brands and products to help people find vital information about homes, and connect with local professionals. The company’s brands focus on various stages of the home lifecycle, such as renting, buying, selling, financing, and home improvement. Its portfolio of consumer brands includes real estate and rental marketplaces comprising Zillow, Trulia, StreetEasy, and HotPads. The company also provides advertising services to real estate agents and rental and mortgage professionals; and owns and operates various brands that offer technology solution...

1301 Second Avenue

Floor 31

Seattle, WA 98101

United States

Founded in 2004

2,571 Employees

Phone:

206-470-7000

Key Executives for Zillow Group, Inc.

Chief Executive Officer and Director
Age: 40
Total Annual Compensation: $655.0K
Chief Financial Officer, Chief Legal Officer, Secretary and Treasurer
Age: 49
Total Annual Compensation: $431.5K
Chief Industry Development Officer
Age: 50
Total Annual Compensation: $680.4K
Chief Business Officer
Age: 43
Total Annual Compensation: $441.9K
Chief Analytics Officer
Age: 48
Total Annual Compensation: $430.1K
Compensation as of Fiscal Year 2015.

Zillow Group, Inc. Key Developments

Zillow Group, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016; Provides Earnings Guidance for the Third Quarter Ended September 30, 2016 and Full Year Ended December 31, 2016

Zillow Group, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company's revenue was $208.403 million compared with $171.269 million a year ago. Loss from operations was $155.33 million compared with $37.591 million a year ago. Loss before income taxes was $156.149 million compared with $38.721 million a year ago. Net loss was $156.149 million or $0.87 per basic and diluted share compared with $38.721 million or $0.22 per basic and diluted share a year ago. Adjusted LBITDA was $101.26 million compared with adjusted EBITDA of $21.039 million a year ago. Net loss, adjusted was $127.629 million or $0.71 per diluted share compared with $0.51 million or $0.0 per diluted share a year ago. Pro forma revenue was $208.403 million compared with $171.269 million a year ago. Pro forma net loss was $156.149 million or $0.87 per basic and diluted share compared with $26.731 million or $0.15 per basic and diluted share a year ago. Pro forma adjusted LBITDA was $101.26 million compared with adjusted EBITDA of $21.039 million a year ago. For the six months, the company's revenue was $394.385 million compared with $298.542 million a year ago. Loss from operations was $203.407 million compared with $95.514 million a year ago. Loss before income taxes was $205.118 million compared with $97.105 million a year ago. Net loss was $203.754 million or $1.14 per basic and diluted share compared with $97.105 million or $0.60 per basic and diluted share a year ago. Adjusted LBITDA was $99.386 million compared with adjusted EBITDA of $37.693 million a year ago. Net cash used in operating activities was $60.529 million compared with net cash provided by operating activities of $16.146 million a year ago. Purchases of property and equipment were $33.393 million compared with $25.546 million a year ago. Purchases of intangible assets were $3.321 million compared with $8.006 million a year ago. Net loss, adjusted was $150.454 million or $0.84 per diluted share compared with net income of $1.655 million or $0.02 per diluted share a year ago. Pro forma revenue was $394.385 million compared with $333.8 million a year ago. Pro forma net loss was $203.754 million or $1.14 per basic and diluted share compared with $44.585 million or $0.25 per basic and diluted share a year ago. Pro forma adjusted LBITDA was $99.386 million compared with adjusted EBITDA of $45.54 million a year ago. For the third quarter ended September 30, 2016, the company expects net loss of $3.1 million, depreciation and amortization expense of $25 million, interest expense of $1.6 million and adjusted EBITDA of $50.5 million. For the full year ended December 31, 2016, the company expects net loss of $210.9 million, depreciation and amortization expense of $99.5 million and interest expense of $6.3 million.

Zillow Group, Inc. to Report Q2, 2016 Results on Aug 04, 2016

Zillow Group, Inc. announced that they will report Q2, 2016 results at 5:00 PM, US Eastern Standard Time on Aug 04, 2016

Zillow Group, Inc., Q2 2016 Earnings Call, Aug 04, 2016

Zillow Group, Inc., Q2 2016 Earnings Call, Aug 04, 2016

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