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CoStar Group ( (CSGP) ) has provided an update.
CoStar Group reported a robust financial performance for the third quarter of 2024, with revenue rising 11% year-over-year to $693 million. Net income surged by 176% from the previous quarter, while EBITDA and adjusted EBITDA saw significant increases of 320% and 86%, respectively. CoStar’s online real estate platforms, including Apartments.com and CoStar, continue to drive growth, alongside a notable increase in unique visitors to their sites. The company remains optimistic about sustained growth as market conditions improve.
For detailed information about CSGP stock, go to TipRanks’ Stock Analysis page.
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