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Zillow Group Sees Third Quarter Revenue Growth and Margin Expansion

The Motley Fool +1 · ·by G4L

Z
Z Zillow Group Inc
$30.67 +3.79%
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  1. 1Zillow Group's third quarter total revenue was $724 million, marking a 7% year-over-year growth rate.
  2. 2Zillow Group achieved a 26% year-over-year growth rate in rental revenue, recording $220 million in third quarter rental revenue.
  3. 3CEO Jeremy Waksman announced that AI mode is now available to nearly 100% of logged-in users.

So what's the key point?

Zillow Group's third quarter revenue increased by 7% compared to last year. Rental revenue grew significantly, and AI features are being provided to users.

Source The Motley Fool +1 · View original ↗

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