Skip to main content
Advertising

Originally published Wednesday, August 8, 2012 at 5:09 PM

  • Share:
           
  • Comments (0)
  • Print

Zillow reports record revenue in 2Q

The online real-estate company says more users are viewing homes via mobile device than by desktop PCs.

Seattle Times technology staff

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

Seattle online real-estate company Zillow reported record revenue of $27.8 million in its second quarter results Tuesday, up 75 percent year over year.

In its fifth quarter since the company went public last July, Zillow posted quarterly profit of $1.3 million, which includes transaction costs of about $700,000 for the acquisition of RentJuice. The deal closed during the quarter. The profit was below the $1.6 million posted in the year-ago period.

Diluted earnings per share was 4 cents, compared with zero in the second quarter of last year.

Of note, Zillow said it has tipped toward mobile with more homes now viewed via Zillow on a mobile device than on a desktop. In July, 168 million homes — or 63 homes per second — were viewed on Zillow via a mobile device, according to the company.

Average monthly unique users reached 33.5 million, up 61 percent.

News where, when and how you want it

Email Icon

The Seattle Times Historical Archives

Browse our newspaper page archives from 1900-1984

Archived newspaper


Advertising