Zillow Swings To Q2 Loss, Agent Spending Ups Revenue

By | August 6, 2014

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Zillow (Z) stock fell Wednesday after the market-leading real estate website reported a Q2 per-share loss after the close Tuesday that was bigger than analysts expected. The company blamed that loss in part on higher ad commissions. But the company boosted its outlook for the year, as it hopes to close its acquisition ofTrulia (TRLA) in 2015. Zillow stock was down 1% in midday trading in the stock market today, near 140. Unexpectedly high Scalper1 News

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