SEATTLE — Zillow Group Inc. (Z) on Thursday reported a loss of $67.5 million in its first quarter.
The Seattle-based company said it had a loss of 33 cents per share. Losses, adjusted for stock option expense, were 2 cents per share.
The real estate website operator posted revenue of $454.1 million in the period.
For the current quarter ending in July, Zillow said it expects revenue in the range of $568 million to $594 million.
Zillow shares have increased 8.5 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $34.27, a drop of 39 percent in the last 12 months.
