Costar Group (CSGP) Tops Q1 EPS by 26c, Q2 & FY EPS Guidance Tops Views

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Go back to Costar Group (CSGP) Tops Q1 EPS by 26c, Q2 & FY EPS Guidance Tops Views

CoStar Group Grows First Quarter Revenue 26% Year-over-Year and EBITDA 234% Year-over-Year

April 27, 2016 4:17 PM EDT

WASHINGTON, April 27, 2016 /PRNewswire/ -- CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that revenue for the quarter ended March 31, 2016 was $200 million, an increase of 26% over revenue of $159 million for the first quarter of 2015. EBITDA in the first quarter of 2016 increased to $48 million compared to $14 million in the first quarter of 2015, which represents an increase of $34 million or 234%... More