Zillow revenue hits record highs in first quarter

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In 2015 Zillow grew revenue 18% to 0 million pro forma from 2014.. Agent numbers have dropped 11%, based on the 2015 firstquarter release, which put agent advertisers at. Zillow January traffic hit a record high in.

Zillow reported its first quarter earnings, showing revenues hit record highs. site traffic also hit new highs, and the company updated its forecast for its full-year revenues. Now, if revenues hit the midrange of Zillow’s new forecast, it will represent an increase of 25% from 2016.

Industry group Interactive Advertising Bureau (IAB) reported on Thursday that US online ad revenue hit a record high $7.3 billion in the The amount of money spent on Internet advertising in the United States in the first quarter was 23 percent higher than the same period in 2010, a record-setting year.

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That’s the highest first-quarter revenue of all time. "The year-over-year growth we are seeing reflects marketers’ confidence in the value and effectiveness The record Q1 revenue comes after a record Q4, which saw $6.3 Billion in U.S. online ad revenue. As Facebook continues its conquest of the web.

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Zillow Group houses one of the largest portfolios of real estate brands on mobile and the web. Zillow Group is committed to leveraging its proprietary data, technology and innovations to make home buying, selling, financing and renting a seamless, on-demand experience for consumers.

Online-advertising revenue hit a record $2.37 billion in the second quarter, surpassing levels set during the dot-com boom. First-half revenue was $4.6 billion, up 40% from a year ago.

Those brokers share the revenue or expense. the click of a mouse on Zillow.com. Zillow Offers launched in Florida last.

. Services revenue hit a new high at $10.9 billion, a 19-percent increase over last year. International sales brought in 62-percent of Apple’s first quarter revenue, and though iPhone revenue.