CoStar Group, Inc. (NASDAQ:CSGP) Q1 2022 Earnings Conference Call April 26, 2022 5:00 PM ET Company Participants Gene Boxer - General Counsel & Corporate Secretary Andy Florance - Founder and CEO Scott Wheeler - CFO Conference Call Participants George Tong - Goldman Sachs Pete Christiansen - Citi Jeff Mueller - Baird Stephen Sheldon - William Blair Ryan Tomasello - KBW Mayank Tandon - Needham Ashish Sabadra - RBC Joe Goodwin - JMP John Campbell - Stephens Inc Disclaimer*: This transcript is designed to be u ...

CoStar Group, Inc. (NASDAQ:CSGP) Q4 2021 Earnings Conference Call February 22, 2022 5:00 PM ET Company Participants Bill Warmington – Vice President of Investor Relations Andy Florance – Chief Executive Officer and Founder Scott Wheeler – Chief Financial Officer Conference Call Participants Sterling Auty – JPMorgan Chase & Co. Ashish Sabadra – RBC Capital Markets George Tong – Goldman Sachs Pete Christiansen – Citi Andrew Jeffrey – Truist Securities Kyle Peterson – Needham Ryan Tomasello – KBW Stephen Sheld ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 0-24531 CoStar Group, Inc. (Exact name of registrant as specified in its charter) Delaware 52-2091509 (State or other jurisdiction of in ...

CoStar Group, Inc. (NASDAQ:CSGP) Q3 2021 Results Conference Call October 26, 2021 5:00 PM ET Company Participants Bill Warmington - VP and Head, IR Andy Florance - CEO and Founder Scott Wheeler - CFO Conference Call Participants Pete Christiansen - Citi Jackson Ader - JP Morgan David Chu - Bank of America George Tong - Goldman Sachs Ryan Tomasello - KBW John Campbell - Stephens Inc. Andrew Jeffrey - Truist Securities Mario Cortellacci - Jefferies Jeff Meuler - Robert Baird Stephen Sheldon - William Blair Ma ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 0-24531 CoStar Group, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporati ...

CoStar Group, Inc. (NASDAQ:CSGP) Q2 2021 Earnings Conference Call July 27, 2021 5:00 PM ET Company Participants Bill Warmington - Vice President, Investor Relations Andrew Florance - Founder, President and Chief Executive Officer Scott Wheeler - Chief Financial Officer Andy Thomas - President of CoStar Real Estate Manager Conference Call Participants Sterling Auty - J.P. Morgan Securities Peter Christiansen - Citibank David Chu - Bank of America John Campbell - Stephens Inc. George Tong - Goldman Sachs Ryan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 0-24531 CoStar Group, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or ...

Financial Data and Key Metrics Changes - Total revenue for Q1 2021 was $458 million, representing a 17% year-over-year growth and exceeding guidance by $3 million [8][67] - Adjusted EBITDA for Q1 2021 was $160 million, a 29% increase year-over-year, and $15 million above the high end of guidance [8][77] - Net income for Q1 2021 was $74 million, with an effective tax rate of 20% [76] Business Line Data and Key Metrics Changes - CoStar Suite revenue grew 4% year-over-year in Q1 2021, with expectations for sequential improvement [68][70] - Apartments.com achieved a revenue growth of 21% year-over-year in Q1 2021, marking its seventh consecutive quarter of growth above 20% [25][26] - LoopNet revenue increased by 14% year-over-year in Q1 2021, with significant growth in higher-tier advertising solutions [43][45] Market Data and Key Metrics Changes - Multifamily revenue growth for Q1 2021 was strong at 21%, with a 10% increase in the number of properties advertising [71] - Commercial property and land revenue grew 48% year-over-year in Q1 2021, with expectations for continued growth in the second quarter [72] - Ten-X saw a 45% increase in unique monthly visitors quarter-over-quarter, with significant growth in account creations and bidders [54] Company Strategy and Development Direction - The company plans to enhance its international coverage and product offerings, including launching CoStar Suite in new markets [15][16] - A focus on upselling clients to a comprehensive global suite product is expected to create significant incremental revenue opportunities [19][20] - The acquisition of Homes.com is seen as a strategic move to strengthen the residential market position [41][42] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering double-digit organic revenue growth for many years to come [8] - The company anticipates improved organic revenue growth rates of approximately 12% to 13% for the remainder of 2021 [67][85] - The ongoing recovery from the pandemic is expected to positively impact contract renewal rates and sales growth [68][69] Other Important Information - The company is planning to launch CoStar Lender in early 2022, which is expected to generate over $300 million in incremental annual revenue [23][24] - Marketing campaigns for Apartments.com, LoopNet, and Ten-X are set to accelerate in the second quarter, impacting margins [86] Q&A Session All Questions and Answers Question: How does the company intend to build out its residential strategy? - The company has a solid foundation with Homesnap and plans to leverage existing residential information sources while developing a profitable business model [90][91][92] Question: What is the timing for ramping growth initiatives? - Growth initiatives are dependent on building sales forces effectively as the company returns to normal operations, with expectations for accelerated growth in Apartments and LoopNet [96][97] Question: What factors contributed to the sales strength in CoStar Suite? - The sales strength reflects higher renewal rates and an increase in seats from existing institutional clients, rather than pricing increases [102][103]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Large accelerated filer x Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 0-245 ...

Financial Data and Key Metrics Changes - Total revenues for the full year 2020 were $1.66 billion, representing a 19% year-over-year growth and exceeding guidance by $9 million [8] - Adjusted EBITDA for the full year 2020 was $553 million, an increase of 9% year-over-year, surpassing guidance by $23 million [8][70] - The company raised $1.7 billion in equity and launched a $1 billion bond offering with an investment-grade credit rating [9] Business Line Data and Key Metrics Changes - Apartments.com achieved record performance with a full year revenue of $599 million, a 22% year-over-year increase, and net new sales up 35% [34][76] - CoStar Suite revenue grew 5% in Q4 and 8% for the full year, with expectations of 5% to 6% growth for 2021 [72] - LoopNet revenue grew 20% year-over-year in 2020, with signature ad revenue increasing by 50% [79] Market Data and Key Metrics Changes - The commercial property and land sector grew 51% in Q4 and 31% for the full year, with organic growth of 15% [78] - STR subscription revenue increased in both the third and fourth quarters of 2020, with retention rates over 95% [75] Company Strategy and Development Direction - The company is pursuing multiple large growth opportunities through organic investment and M&A, including the proposed acquisition of CoreLogic [11][67] - Focus on integrating and enhancing product offerings, particularly in the hospitality sector and international markets [45][46] - Plans to significantly increase investments in marketing and sales for LoopNet and Ten-X in 2021 [56][64] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the business model despite pandemic challenges, expecting double-digit organic revenue growth in 2021 [67] - The company anticipates significant growth opportunities in the distressed asset market over the next few years [66] Other Important Information - The company closed three acquisitions in 2020: Ten-X, Emporis, and Homesnap, expanding its market reach [10] - The terminated RentPath acquisition resulted in a one-time charge of $59.5 million, impacting G&A expenses [71] Q&A Session Summary Question: What are the expectations for revenue growth in 2021? - Management expects double-digit organic revenue growth in the range of 10% to 12% for the information services sector in 2021 [76] Question: How is the integration of STR data progressing? - STR integration is on track, with subscription revenues growing despite challenges in the hospitality sector [75] Question: What are the plans for LoopNet's marketing strategy? - LoopNet plans to significantly increase its marketing investment in 2021, targeting broader awareness and engagement [56][64]