Thursday 27 February 2020

CoStar sees net income jump 32% in year marked by acquisitions

CoStar Group reported $315 million in net income in 2019, following a year of acquisitions and the conclusion of a protracted legal fight. The real estate data firm said Tuesday that it generated $1.4 billion revenue in 2019, up from $1.2 billion in 2018. Its income was up 32 percent from the previous year, while its cash and cash equivalents dipped slightly from $1.1 billion to $1.07 billion. CoStar’s revenue for the fourth quarter was



source https://therealdeal.com/2020/02/27/costar-sees-net-income-jump-32-in-year-marked-by-acquisitions/

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