CoStar Swings to Q1 Net Loss, Revenue Increases

MT Newswires Live

04/30

CoStar (CSGP) reported a Q1 net loss Tuesday of $0.04 per diluted share, a shift from earnings of $0.02 a year earlier.

Analysts polled by FactSet expected earnings of $0.02 per share.

Revenue for the quarter ended March 31 was $732.2 million, up from $656.4 million a year earlier.

Analysts surveyed by FactSet expected $715.8 million.

The company said it expects 2025 revenue between $3.115 billion and $3.155 billion.

Analysts polled by FactSet expect sales of $3 billion.

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