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home / news releases / ZG - Zillow Group Inc. (Z) Q4 2023 Earnings Call Transcript


ZG - Zillow Group Inc. (Z) Q4 2023 Earnings Call Transcript

2024-02-13 20:38:05 ET

Zillow Group, Inc. (Z)

Q4 2023 Earnings Conference Call

February 13, 2024 05:00 PM ET

Company Participants

Bradley Berning - VP of IR

Rich Barton - Co-Founder and CEO

Jeremy Wacksman - COO

Jeremy Hofmann - CFO

Conference Call Participants

John Campbell - Stephens Inc.

Bradley Erickson - RBC

Mark Mahaney - Evercore

Ryan McKeveny - Zelman & Associates

Thomas Champion - Piper Sandler

Ronald Josey - Citigroup

Presentation

Operator

Good afternoon. My name is Siarah and I'll be your conference operator for today. At this time I would like to welcome everyone to Zillow Group's Fourth Quarter and Full Year 2023 Conference Call. All lines have been placed on-mute to prevent any background noise. After the speakers' remarks, there will be a Q&A session. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Bradley Berning, Vice President of Strategic Affairs and Investor Relations. Please go ahead.

Bradley Berning

Thank you. Good afternoon, and welcome to Zillow Group's fourth quarter and full year 2023 conference call. Joining me today to discuss our results are Zillow Group's Co-Founder and CEO, Rich Barton; COO, Jeremy Wacksman and CFO Jeremy Hofmann.

During today's call, we'll make forward-looking statements about our future performance and operating plans and the housing market based on current expectations and assumptions. These statements are subject to risks and uncertainties and we encourage you to consider the risk factors described in our SEC filings for additional information. We undertake no obligation to update these statements as a result of new information or future events except as required by law. This call is being broadcast on the Internet and is accessible on our Investor Relations website. A recording of the call will be available later today.

During the call we will discuss GAAP and non-GAAP measures, including adjusted EBITDA, which we refer to as EBITDA. We encourage you to read our updated investor presentation, shareholder letter and our earnings release, which can be found on our Investor Relations website as they contain important information about our GAAP and non-GAAP results, including reconciliations of historical non-GAAP financial measures. We will now open the call with remarks followed by live Q&A.

With that, I will turn over the call to Rich.

Rich Barton

Thank you, Siarah. And thanks, Brad. Good afternoon, everyone. Thanks for dialing-in for our fourth quarter and full year 2023 results. We are posting great revenue numbers across the whole of our increasingly diversified and growing businesses. Our early cohort of enhanced markets are working. So we are pressing the accelerator on expansion in 2024....

For further details see:

Zillow Group, Inc. (Z) Q4 2023 Earnings Call Transcript
Stock Information

Company Name: Zillow Group Inc.
Stock Symbol: ZG
Market: NASDAQ
Website: zillowgroup.com

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