secwatch.observer — SEC 8-K summary
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Issuer:     COSTAR GROUP, INC. (CSGP)
CIK:        0001057352
Form:       8-K
Filed at:   2022-04-26T23:59:59+00:00
Accession:  0001057352-22-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoStar Q1 revenue $516M (+13% YoY), net new bookings record $68M, raises FY guidance
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- Revenue $516M (+13% YoY), net income $89M (+20%), EBITDA $158M (+17%).
- Net new bookings $68M, up 31% YoY, a record quarter.
- Apartments.com sales up 36% sequentially; residential unique visitors 14M (+125% YoY).
- Raises FY2022 revenue guidance to $2.15-2.17B; adj. EBITDA guidance to $585-615M.
- Cash, equivalents $3.9B; debt $1.0B as of March 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057352/000105735222000050/0001057352-22-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057352/000105735222000050/csgp-20220426.htm
  HTML page:      https://secwatch.observer/filing/0001057352-22-000050

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