Reports Q1 revenue $584M, consensus $579.38M. "CoStar Group delivered exceptional revenue, sales and marketplace traffic results in the first quarter against a backdrop of rising interest rates and continued disruption in the commercial and residential property markets," said Andy Florance, Founder and Chief Executive Officer of CoStar Group. "Company-wide revenue grew 13% year-over-year, with Apartments.com delivering 20% revenue growth and LoopNet achieving 16% revenue growth in the first quarter."
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Published first on TheFly