Costar Group (CSGP) Tops Q4 EPS by 20c, Offers Q1 and FY Guidance

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Go back to Costar Group (CSGP) Tops Q4 EPS by 20c, Offers Q1 and FY Guidance

CoStar Group 2019 Net Income Increases 32% Year-over-Year on Revenue Growth of 17%

February 25, 2020 4:00 PM EST

WASHINGTON--(BUSINESS WIRE)-- 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, 2019, was $1.4 billion, an increase of 17% over revenue of $1.2 billion for the full year of 2018. Revenue for the fourth quarter ended December 31, 2019, was $375 million, an increase of 19% over revenue of $316 million for the fourth quarter of 2018.

Net income for the year ended December 31, 2019 was $315 million, an increase of 32% compared to net income of $238 million for the full year of 2018. Net income for the fourth... More