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Real estate website Zillow late Wednesday reported a surprise per-share profit in Q1 and raised its full-year outlook above consensus, sending its shares higher. The Seattle-based company said its per-share profit ex items doubled year over year to 2 cents, better than the expected 8-cent loss. “Even though we’re investing heavily in advertising and in head count and in product development and a variety of other things, the incremental margin is Scalper1 News
Scalper1 News