Updated Zillow S-1: continued revenue growth, narrowed loss in Q1 2011

Zillow has released an amendment to its S-1 filing containing financials for the first quarter of 2011.

In a nutshell:

  • The top line continues to grow: revenue for Q1 2011 was $11.26 million. This is more than double the $5.33 million reported for the same period last year.
  • Losses have narrowed: net loss for Q1 2011 was $826,000. This compares to a net loss of $2.8 million for the same period in 2010.
  • Costs increased from $8.1 million in Q1 2010 t0 $12.1 million in Q1 2011. The company suggested this would be the case in its original filing.

They also chose a ticker symbol: “Z”. I dig that.

Things seem to be headed in the right direction.