New Zillow CEO Rich Barton is shooting for the moon, but the company’s latest financials might have him crashing down to earth. On the same day that it removed Spencer Rascoff as CEO, Zillow disclosed in an earnings report that it collected a record $1.33 billion in revenue last year, a 24 percent gain over 2017. But the Seattle-based real estate tech firm also racked up a net loss of $120 million in 2018, well […]
source https://therealdeal.com/2019/02/21/zillow-revenues-are-up-but-losses-are-widening-as-it-pivots-to-home-flipping/
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