CoStar Group, Inc. (CSGP) Tops Q3 EPS by 8c

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Go back to CoStar Group, Inc. (CSGP) Tops Q3 EPS by 8c

CoStar Group Grows Year-Over-Year Revenue 36% and EBITDA 47%

October 29, 2014 4:15 PM EDT

WASHINGTON, Oct. 29, 2014 (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 2014 was $153.1 million, an increase of approximately 36% over revenue of $112.3 million for the third quarter of 2013.

EBITDA in the third quarter of 2014 increased to $43.7 million compared to $29.8 million in the third quarter of 2013, which represents an increase of $13.9 million or approximately 47% year-over-year. Adjusted EBITDA (defined below) was $51.8 million in the third quarter of 2014 versus $37.7 million in the third quarter of 2013, which is an... More