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CoStar reports 20% revenue jump in Q1

CoStar Group’s revenue jumped 20 percent year over year during the first quarter, reaching $328 million — due in part to strong results from its residential listings platform. The company reported a 63 percent year-over-year jump in net income to $85 million, and a 61 percent increase in EBITDA to $113 million. Andrew Florance, the company’s CEO and founder, said on an earnings call Tuesday that the figures were bolstered by Apartments.com, which posted a […]

source https://therealdeal.com/2019/04/23/costar-reports-20-revenue-jump-in-q1/

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