Stock Data
$0.66 (2.23%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
REAL ESTATE
Industry
REAL ESTATE SERVICES
CoStar Group, Inc. is a leading provider of information, analytics, and online marketplace services across various sectors including commercial real estate, hospitality, and residential industries. With a broad international presence, CoStar delivers a comprehensive suite of products such as CoStar Property for real estate inventory, CoStar Sales for transaction data, and market analytics tools. Additionally, it offers online platforms for apartment and business listings, including ApartmentFinder.com and BizBuySell.com, alongside innovative tools for lease management and real estate investment analysis. Founded in 1987, CoStar is headquartered in Washington, D.C., serving professionals globally.
CoStar's Homes.com investment finally turned Adjusted EBITDA positive in the residential segment, driving a 41 million dollar sequential swing that lifted overall Adjusted EBITDA past $184 million to more than double year-over-year, as the company beat EPS by nearly 12% despite a marginal revenue miss.
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