Zillow misses Q3; guides Q4 revs below consensus; names Allen Parker CFO
- Q3 EBITDA $66 vs. $65-73 mln guidance; $78M IMT segment vs. $77-82M guidance and ($11) Homes vs. ($12-9) guidance; rev +22% to $343 mln vs. $344 mln consensus.
- Co issues downside guidance for Q4, sees Q4 revs of $340-357 mln vs. $367.77 mln S&P Capital IQ Consensus; EBITDA $26-38 mln (IMT 44-51M)
- Allen Parker will join the company as Chief Financial Officer. Parker spent the last 13 years in finance roles at Amazon
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