Scalper1 News
Real estate website Zillow continued its spend-to-grow plan, swinging to a Q2 loss that was a penny a share more than expected. Zillow (Z)stock slipped in after-hours trading Tuesday after the company released the results, though revenue jumped 68% from the year-earlier quarter and edged Wall Street expectations. “We are in hypergrowth revenue mode … we are managing the business to grow revenue, not maximize near-term profit,” Zillow CEO Spencer Scalper1 News
Scalper1 News