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Zillow Group reported strong second-quarter results with consolidated revenue of $1.3 billion. The IMT and Homes segments exceeded the high end of the company’s second-quarter outlook. Consolidated net income was $10 million.
Consolidated second-quarter revenue was $1.3 billion, exceeding the high end of the company’s second-quarter outlook.
Consolidated second-quarter gross profit was $538 million, up 92% year over year.
Consolidated net income was $10 million for the second quarter.
Traffic to Zillow Group’s mobile apps and websites reached 229 million average monthly unique users, an increase of 5% year over year.