CoStar Group, Inc. (NASDAQ:CSGP) Q3 2020 Earnings Conference Call October 27, 2020 5:00 PM ET
Company Participants
Sarah Spray – Investor Relations
Andy Florance – Chief Executive Officer and Founder
Scott Wheeler – Chief Financial Officer
Conference Call Participants
Pete Christiansen – Citi
Mayank Tandon – Needham
Ryan Tomasello – KBW
Mario Cortellacci – Jefferies
Sterling Auty – J.P. Morgan
Andrew Jeffrey – Truist Securities
George Tong – Goldman Sachs
Stephen Sheldon – William Blair
David Chu – Bank of America
Jeff Meuler – Baird
Joe Goodwin – JMP Securities
Brett Huff – Stephens
Operator
Ladies and gentlemen, thank you for standing by and welcome to the Q3 2020 CoStar Group Earnings Conference Call. At this time all participants are in a listen-only mode. After the speakers' presentations, there will be a question-and-answer session. [Operator Instructions]
I would now like to hand the conference over to your speaker today Ms. Sarah Spray. Please go ahead.
Sarah Spray
Thank you. Good evening and thank you all for joining us to discuss the third quarter 2020 results of the CoStar Group. Before I turn the call over to Andy Florance, CoStar's CEO and Founder; and Scott Wheeler, our CFO, I would like to review our safe harbor statement. Certain portions of the discussion today may contain forward-looking statements, including expectations for the fourth quarter and full year 2020.
Forward-looking statements involve many risks, uncertainties, assumptions, estimates and other factors 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 in CoStar Group's press release issued earlier today and in our filings with the SEC including our most recent annual report on Form 10-K and quarterly report on Form 10-Q, under the heading Risk Factors.
All forward-looking statements are based on information available to CoStar on the date of this call. CoStar assumes no obligation to update these statements whether as a result of new information, future events or otherwise. Reconciliation to the most directly comparable GAAP measure to the non-GAAP financial measures discussed on this call including EBITDA, adjusted EBITDA, non-GAAP net income and forward-looking non-GAAP guidance are shown in detail in our press release issued today along with definitions for those terms.
The press release is available on our website located at costargroup.com under Press Room. As a reminder, today's conference call is being webcast and the link is also available on our website under Investors. Please refer to today's press release on how to access replay of this call.
And with that, I would like to turn over to our Founder and CEO, Andy Florance.
