secwatch.observer — SEC 8-K summary
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Issuer:     COSTAR GROUP, INC. (CSGP)
CIK:        0001057352
Form:       8-K
Filed at:   2022-07-26T23:59:59+00:00
Accession:  0001057352-22-000081
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoStar Q2 revenue $536M (+12%), net income $83M (+37%); raises FY 2022 guidance
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- Net new bookings of $84M, up 66% YoY, surpassing Q1 record; Apartments.com bookings +130% YoY.
- EBITDA $140M (+5% YoY); adjusted EBITDA $159M; non-GAAP EPS $0.28 (diluted).
- FY 2022 revenue guidance raised to $2.165B-$2.180B; adjusted EBITDA raised to $610M-$630M.
- Cash & equivalents $4.0B; outstanding debt $1.0B as of June 30, 2022.
- Company cites strong sales across CoStar, Apartments.com, and LoopNet; Citysnap launched in NYC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057352/000105735222000081/0001057352-22-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057352/000105735222000081/csgp-20220726.htm
  HTML page:      https://secwatch.observer/filing/0001057352-22-000081

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