Costar Group (CSGP) Tops Q3 EPS by 9c, Offers Q4 Guidance

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CoStar Group Achieves 100% Year-Over-Year Increase in Quarterly Sales Bookings and Delivers Strong EBITDA Margin Expansion

October 28, 2015 4:30 PM EDT

WASHINGTON, Oct. 28, 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 third quarter of 2015 was $189.1 million, an increase of approximately 24% over revenue of $153.1 million for the third quarter of 2014.

"We continued to achieve outstanding sales results in the third quarter of 2015, and we had more net bookings in the last two quarters than in the entire year of 2014," said Andrew C. Florance, Founder and Chief Executive Officer of CoStar Group. "This impressive performance has... More