Costar Group (CSGP) Tops Q4 EPS by 28c, Revenues Beat; Offers Q1 & FY19 EPS Guidance Above Consensus
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CoStar Group 2018 Net Income Increases 94% Year-Over-Year on Revenue Growth of 23%
February 26, 2019 4:01 PM ESTWASHINGTON--(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, 2018, was $1.2 billion, an increase of 23% over revenue of $965 million for the full year of 2017. Revenue for the fourth quarter ended December 31, 2018, was $316 million, an increase of 24% over revenue of $254 million for the fourth quarter of 2017.
Net income for the year ended December 31, 2018, was $238 million, an increase of 94% compared to net income of $123 million for the full year of 2017. Net income for the fourth quarter ended... More
