CoStar Group, Inc. (CSGP) CEO Andrew Florance on Q2 2018 Results - Earnings Call Transcript

7/25/18

CoStar Group, Inc. (NASDAQ:CSGP) Q2 2018 Earnings Conference Call July 24, 2018 5:00 PM ET

Executives

Richard Simonelli - VP of IR

Andrew Florance - Co Founder, Chief Executive Officer and President

Scott Wheeler - Chief Financial Officer

Analysts

George Tong - Goldman Sachs

Brett Huff - Stephens Inc

Andrew Jeffrey - SunTrust

Pete Christiansen - Citi

Mayank Tandon - Needham and Company

David Ridley Lane - Bank of America

Stephen Sheldon - William Blair

Bill Warmington - Wells Fargo

Sterling Auty - JPMorgan

Marc Wiesenberger - B. Riley

Operator

Ladies and gentlemen, thank you for standing by and welcome to the Second Quarter 2018 Earnings Call. At this time, all participants are in a listen-only mode. We will conduct a question-and-answer session, instructions will be given at that time. [Operator Instructions] As a reminder, today's call is being recorded.

I'll now turn the conference to your host Richard Simonelli. Please go ahead.

Richard Simonelli

Thank you, operator and welcome to the CoStar Group's second quarter of 2018 conference call. Before I turn the call over to Andy Florance, our CEO and Founder; and Scott Wheeler, our CFO, I like to share some very interesting and important items that can actually have a positive effect on your life.

Certain portions of our discussion today may contain forward-looking statements, which involve many risks and uncertainties that can cause actual results to differ materially from such statements. Important factors that can cause actual results to differ include, but are not limited to, those stated today in our July 24, 2018, press release on our second quarter results and company's outlook as well as in CoStar's filings with the SEC, including our most recent annual report on Form 10-K and our subsequent quarterly reports on Form 10-Q under the heading Risk Factors.

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