secwatch.observer — SEC 8-K summary
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Issuer:     COSTAR GROUP, INC. (CSGP)
CIK:        0001057352
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0001057352-23-000072
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoStar Q1 revenue $584M (+13% YoY); net new bookings $80M (+17%); raises FY non-GAAP EPS guidance
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- Q1 revenue $584M (+13% YoY); net income $87M ($0.21 diluted EPS); non-GAAP EPS $0.29.
- Net new bookings $80M (+17% YoY); Apartments.com net new bookings up 110% YoY; LoopNet up 100%.
- Homes.com traffic reached 27M unique visitors in March, up 41% sequentially from February.
- FY 2023 revenue guidance raised to $2.465B-$2.48B; non-GAAP EPS raised to $1.21-$1.24 (up $0.15).
- Q2 2023 revenue expected $603M-$608M; adjusted EBITDA $118M-$123M; non-GAAP EPS $0.29-$0.30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057352/000105735223000072/0001057352-23-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057352/000105735223000072/csgp-20230425.htm
  HTML page:      https://secwatch.observer/filing/0001057352-23-000072

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