Costar Group (CSGP) Tops Q4 EPS by 28c, Offers Q1 & FY GUidance

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Go back to Costar Group (CSGP) Tops Q4 EPS by 28c, Offers Q1 & FY GUidance

CoStar Group Grows Fourth Quarter Net Income 65% and Revenue 24% Year-Over-Year

February 24, 2016 4:15 PM EST

WASHINGTON, Feb. 24, 2016 (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 year ended December 31, 2015 was $712 million, an increase of 24% over revenue of $576 million for the full year of 2014. Revenue for the fourth quarter also grew 24% year- over-year to $193 million. Net income for the fourth quarter of 2015 grew 65% year-over-year to $23 million or $0.71 per diluted share. 

In 2015 we focused on building the premier marketplace for renting an apartment in the United States, said Andrew C. Florance, Founder and... More