secwatch.observer — SEC 8-K summary
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Issuer:     COSTAR GROUP, INC. (CSGP)
CIK:        0001057352
Form:       8-K
Filed at:   2021-07-27T23:59:59+00:00
Accession:  0001057352-21-000077
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoStar Q2 revenue $480M (+21% YoY); raises FY revenue guide, cuts EBITDA guide due to Homes.com
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- Revenue $480M (+21% YoY); net income $61M ($0.16 eps); non-GAAP net income $103M ($0.26 eps).
- Net new bookings $51M (+47% YoY); CoStar Suite net new bookings up over 900% YoY.
- Apartments.com traffic up 30% YoY; leads up 57% YoY; LoopNet ad revenue up 71%.
- FY 2021 revenue guidance raised to $1.94-1.95B (~17% growth); adjusted EBITDA lowered to $605-615M.
- Q3 2021 revenue expected $495-500M; adjusted EBITDA $130-135M; non-GAAP EPS $0.22-0.23.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057352/000105735221000077/0001057352-21-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057352/000105735221000077/csgp-20210727.htm
  HTML page:      https://secwatch.observer/filing/0001057352-21-000077

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer