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Mar 31, 2021
Zillow Q1 2021 Earnings Report
Zillow Group's first quarter results exceeded expectations, demonstrating progress towards a seamless real estate transaction.
Key Takeaways
Zillow Group reported consolidated first-quarter revenue of $1.2 billion, with each segment exceeding the high end of the company's outlook. Consolidated net income was $52 million, and Adjusted EBITDA reached $181 million.
Consolidated first-quarter revenue reached $1.2 billion, surpassing expectations for all segments.
Net income for the first quarter was $52 million.
Adjusted EBITDA for the first quarter exceeded expectations, totaling $181 million.
Traffic to Zillow Group's mobile apps and websites increased by 15% year over year, reaching 221 million average monthly unique users.
Revenue by Segment
Historical Earnings Impact
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Avg. Return Before/After Earnings
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