Costar Group (CSGP) Tops Q1 EPS by 17c
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CoStar Group First Quarter 2020 Revenues Increase 19% Year-over-Year, with Net Income of $73 Million, EBITDA of $100 Million, and Cash Position of $1.9 Billion
April 28, 2020 4:02 PM EDTWASHINGTON--(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 quarter ended March 31, 2020, was $392 million, an increase of 19% over revenue of $328 million for the first quarter of 2019. Traffic to CoStar Groups information and marketplace platforms, Apartments.com, CoStar, LoopNet, Lands of America, Realla, and Belbex reached record levels in the first quarter 2020 both individually and in aggregate with an average of 55 million total, monthly unique visitors, up from 49 million monthly unique visitors in the first quarter... More
