secwatch.observer — SEC 8-K summary
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Issuer:     COSTAR GROUP, INC. (CSGP)
CIK:        0001057352
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0001057352-24-000122
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoStar Q3 revenue $693M (+11% YoY), net income $53M (+176% QoQ), Adj. EBITDA beats guidance
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- Revenue $693M (+11% YoY); net income $53M (+176% Q2); diluted EPS $0.13.
- Adjusted EBITDA $76M, beating midpoint of guidance by 54%; Q3 EBITDA $51M (+320% Q2).
- Full-year 2024 revenue guidance $2.72-2.73B (+11% YoY at midpoint); adjusted EBITDA raised to $205-215M.
- Homes.com network: 130M avg monthly unique visitors; unaided awareness rose to 33% from 4% before Feb 2024 campaign.
- OnTheMarket (UK) traffic up 212% YoY, unique visitors up 348%, listing agents up 27%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057352/000105735224000122/0001057352-24-000122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057352/000105735224000122/csgp-20241022.htm
  HTML page:      https://secwatch.observer/filing/0001057352-24-000122

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