Zillow Q4 Beats Analysts With $34.3M Revenue, Mobile Visits Topped 50% Of Dec. Total

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http://techcrunch.com – Real estate site Zillow came in ahead of analyst estimates in its just-released fourth quarter earnings report, with $34.3 million in revenue and net income of $0.5 million. The revenue number is a record for the company, and it’s also up 73 percent year-over-year. Of the total, $26.8 million came from the marketplace and $7.5 million came from display advertising. Zillow also reported earnings per share of 2 cents. Analysts had predicted revenue of $31.47 million and earnings of 0 cents per share. This continues Zillow’s pattern of coming in a bit ahead of analyst estimates. The (IT news)