secwatch.observer — SEC 8-K summary
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Issuer:     COSTAR GROUP, INC. (CSGP)
CIK:        0001057352
Form:       8-K
Filed at:   2023-07-25T23:59:59+00:00
Accession:  0001057352-23-000108
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoStar Q2 revenue up 13% to $606M; net new bookings $82M; full-year guide trimmed
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- Q2 revenue $606M (+13% YoY); net income $101M (+20% YoY); diluted EPS $0.25.
- Net new bookings $82M (second highest quarter); Apartments.com bookings up 84% YoY.
- Monthly unique visitors hit record 105M in June; Homes.com traffic up 130% YoY to 38M.
- Full-year 2023 revenue guidance lowered to $2.45B-$2.46B on lower transaction volume.
- Q3 revenue guided $622M-$627M; full-year adj. EBITDA $510M-$520M; non-GAAP EPS $1.24-$1.26.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057352/000105735223000108/0001057352-23-000108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057352/000105735223000108/csgp-20230725.htm
  HTML page:      https://secwatch.observer/filing/0001057352-23-000108

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