Zillow has just announced record fourth quarter and full year results, and simultaneously announced the expected close of the previously announced acquisition of Trulia as early as Feb. 17, 2015. More information is available here.
Quarterly results include record revenue, record Premier Agent Revenue and record Adjusted EBITDA.
- Record quarterly Revenue of $92.3 million, up 58% YOY
- Record Real Estate Revenue, led by record Premier Agent advertiser Revenue, up 73% YOY
- Record Adjusted EBITDA of $20 million, or 22% of revenue, that translates into diluted non-GAAP EPS of $0.24
This quarter, there will be no conference call to discuss results. Instead, CEO Spencer Rascoff will host a conference call at 6 a.m. PST/9 a.m. EST on Feb. 18. Anyone may tune in live to the webcast at http://investors.zillow.com/.