CoStar Q4 revenue $709M (+11% YoY); FY24 revenue $2.74B; board approves $500M buyback

COSTAR GROUP, INC.

2024-FY EPS reported $0.34 revenue$2,736,200,000

FY24 revenue $2.74B (+11% YoY); net income $139M vs $375M in FY23; EBITDA improved sequentially.
Q4 revenue $709M (+11% YoY); net income $60M; adjusted EBITDA $112M (+47% vs Q3).
Homes.com Network reached 110M avg monthly uniques, claiming #2 U.S. residential marketplace.
Board authorizes $500M stock repurchase program with no expiration date.
FY25 revenue guidance $2.985-3.015B (~10% growth); adjusted EBITDA guidance $375-405M.

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