06:02 PM EDT, 05/01/2024 (MT Newswires) -- Zillow Group ( ZG ) reported Q1 non-GAAP net income late Wednesday of $0.36 per diluted share, up from $0.35 a year earlier.

Analysts polled by Capital IQ expected $0.32.

Revenue for the quarter ended March 31 rose to $529 million from $469 million a year earlier. Analysts surveyed by Capital IQ expected $507.8 million.

For Q2, the company said it expects revenue of $525 million to $540 million. Analysts in a Capital IQ poll expect $559.6 million.

The shares of the company were down 6.7% in after-hours activity.

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