secwatch.observer — SEC 8-K summary
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Issuer:     COSTAR GROUP, INC. (CSGP)
CIK:        0001057352
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0001193125-24-040030
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoStar Group Q4 revenue $640M (+12%); CFO Wheeler to retire June 2024
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- FY2023 revenue $2.46B (+13% YoY); net income $375M vs $369M; Q4 revenue $640M (+12%), net income $96M.
- Apartments.com reached $1B annualized run rate revenue in Jan 2024; full-year revenue growth ~23%.
- Homes.com launched subscription model Feb 12; first week net new bookings ~$4.5M; traffic up 600% YoY.
- FY2024 guidance: revenue $2.75-2.77B, adj EBITDA $170-190M, non-GAAP EPS $0.57-0.60; Q1 rev $645-650M.
- CFO Scott Wheeler retiring effective June 15, 2024; plans to leave CFO role, transition process started.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057352/000119312524040030/0001193125-24-040030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057352/000119312524040030/d791117d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-040030

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