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Sep 30, 2022
Zillow Q3 2022 Earnings Report
Zillow Group's Q3 2022 financial results were announced, revealing revenue above outlook and progress in growth initiatives.
Key Takeaways
Zillow Group's Q3 2022 consolidated revenue from continuing operations was $483 million, exceeding the company's outlook. The company reported a GAAP net loss of $53 million, but Adjusted EBITDA from continuing operations was $130 million, also exceeding expectations. Traffic to Zillow Group's mobile apps and websites reached 236 million average monthly unique users, a 4% year-over-year increase.
Zillow Group's Q3 consolidated revenue exceeded expectations.
IMT segment revenue was above the high end of the company's outlook range.
Consolidated GAAP net loss was $53 million.
Traffic to Zillow Group's mobile apps and websites increased 4% year over year.
Revenue by Segment
Forward Guidance
Complete financial results for the third quarter and outlook for the fourth quarter of 2022 can be found in our shareholder letter on the Investor Relations section of Zillow Group’s website
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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