Zillow just released record results for the third quarter, ended Sept. 30, 2014. You can see the press release here, but below are a few highlights.
- Record quarterly Revenue of $88.6 million, up 66% over third quarter 2013.
- Record quarterly and all-time traffic, with a new monthly record in July 2014 of nearly 89 million unique users on mobile and Web.
- Real Estate Revenue, led by record Premier Agent advertiser Revenue, up 86% over third quarter 2013.
- Adjusted EBITDA of $14.6 million, or 17% of revenue.
CEO Spencer Rascoff will be hosting a conference call at 2 p.m. PT/5 p.m. ET with CFO Chad Cohen, which you can join via webcast. Again this quarter we will consider questions via social media using Facebook and Twitter, with hashtag #ZEarnings.
Thanks so much to our team for another excellent quarter.