Costar Group (CSGP) Tops Q2 EPS by 4c

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Go back to Costar Group (CSGP) Tops Q2 EPS by 4c

CoStar Group Announces 95% Year-over-Year Increase in Quarterly Sales Bookings and 58% Apartments.com Annualized Growth Rate

July 29, 2015 4:45 PM EDT

WASHINGTON, July 29, 2015 (GLOBE NEWSWIRE) -- CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that revenue for the second quarter of 2015 was $170.7 million, an increase of approximately 16% over revenue of $147.7 million for the second quarter of 2014.

"Our strategic investments in the Apartments.com re-launch, our national advertising campaign and the National Apartment Association exposition in June have clearly paid off by fueling a dramatic acceleration of sales in the second quarter 2015," said Andrew C.... More