CoStar Group (CSGP +4.9%) reports Q1 revenue of $273.7M (+ 20.8% Y/Y); with north america accounting for $264.8M of revenues & rest $8.9M from international revenues.
Operating margin was up 291 bps to 19.5%; adjusted EBITDA margin was up 300 bps to 31%
Adjusted net income increased $26M to $60.1M an increase of 76.5% Y/Y; also the company has $940M in cash & equivalents & long-term investments, with no outstanding debt.
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