secwatch.observer — SEC 8-K summary
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Issuer:     COSTAR GROUP, INC. (CSGP)
CIK:        0001057352
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001057352-22-000115
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoStar Q3 revenue $557M (+12% YoY); net new bookings up 62%; raises 2022 guidance
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- Revenue $557M (+12% YoY); net income $72M ($0.18 diluted EPS); non-GAAP EPS $0.30.
- Net new bookings $76M (+62% YoY); Apartments.com net new bookings $90M YTD (+192%).
- Raises FY2022 revenue guidance to $2.175-2.180B; adjusted EBITDA to $665-670M; non-GAAP EPS $1.25-1.26.
- Apartments.com revenue growth accelerated to 11% in Q3; expects 16% in Q4.
- CoStar revenue growth 17% on constant currency basis over Q3 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057352/000105735222000115/0001057352-22-000115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057352/000105735222000115/csgp-20221025.htm
  HTML page:      https://secwatch.observer/filing/0001057352-22-000115

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