Zillow Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 04, 2022 at 04:40 pm EDT
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Zillow Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 1,009 million compared to USD 1,310 million a year ago. Revenue was USD 1,009 million compared to USD 1,310 million a year ago. Net income was USD 8 million compared to USD 10 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to USD 0.04 a year ago.
For the six months, sales was USD 5,266 million compared to USD 2,528 million a year ago. Revenue was USD 5,266 million compared to USD 2,528 million a year ago. Net income was USD 24 million compared to USD 62 million a year ago. Basic earnings per share from continuing operations was USD 0.1 compared to USD 0.25 a year ago. Diluted earnings per share from continuing operations was USD 0.09 compared to USD 0.24 a year ago.
Zillow Group, Inc. helps people find and get the home they want by connecting them with digital solutions, partners, and agents, and buying, selling, financing, and renting experiences. The Companyâs affiliates, subsidiaries and brands include Zillow, Zillow Premier Agent, Zillow Home Loans, Trulia, Out East, StreetEasy, HotPads, ShowingTime+, Spruce, and Follow Up Boss. It provides integrated transaction experience for movers through Zillow, its network of partners, its affiliated brands, and through a comprehensive suite of marketing software and technology solutions for the real estate industry, including Spruce, Mortech, New Home Feed, ShowingTime+ and Follow Up Boss. Its services are primarily designed for buyers, sellers, partners, renters, and borrowers. For customers who are focused on buying new construction homes, it connects them with its home builder partners. Its rentals marketplace assists its partners with listings, advertising, leasing, and property management services.
ZILLOW GROUP, INC. 
