CoStar Reports One of it's Best Financial Quarter

CoStar Group CSGP reports Q2 revenue of $343.76M (+15.7% Y/Y); with North America accounting for $334.6M (+16.1% Y/Y) of revenues & rest $9.2M (+5.7% Y/Y) from international revenues.

Q2 overall margins: Gross increased 165 bps to 79.1%; Operating declined 536 bps to 57.3%; EBITDA increased 555 bps to 27.2% & adj. EBITDA also increased 335 bps to 32%.

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