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CoStar Group Q2 Revenue Increases 15% Year-over-Year, Achieves All-time High Quarterly Net New Bookings of $93 million and Increases Homes.com Members 56% from Q1 2025
ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, announced today that revenue for the quarter ended June 30, 2025 was $781 million, up 15% over revenue of $678 million for the quarter ended June 30, 2024. Net income was $6.2 million and net income per diluted share was $0.01 for the second quarter 2025. Adjusted EBITDA was $85 million in Q2 2025, an increase of 108% from Q2 2024. 'We had an outstanding Q2 2025 as we delivered our 57 th consecutive quarter of double-digit revenue growth with a 15% year-over-year increase in revenue,' said Andy Florance, Founder and Chief Executive Officer of CoStar Group. 'We achieved our all-time high net new bookings in Q2 of $93 million, a 65% increase from last quarter, powered by highest net new bookings quarter in two years. Our dedicated sales team turned in its best net new bookings in Q2 as we added 6,300 Members, an increase of 56% from the end of Q1 2025. Our demo-to-close rate exceeded 50%. The investments in our sales force, mission critical products, and marketplaces are driving these outstanding results as our commercial information and marketplace brands 1 realized a 43% profit margin for Q2 2025.' Florance continued 'Member agents are winning 62% more listings than comparable non-Member agents. 2 We launched Boost on in Q2. Boost is a digital marketing package that gives sellers and their agents the ability to maximize exposure of a single property on To date, we have sold more than 1,200 Boosts to agents and home sellers. The Network is the second largest in the industry in the United States, with 111 million average monthly unique visitors. 3 _____________________ 1 References to 'commercial information and marketplace brands' refer to our consolidated financial position and results excluding the impact of OnTheMarket, and Matterport. 2 Based on CoStar Group's internal analysis comparing Members to non-Members on 3 Based on: (1) the Network (which includes the Apartments Network, and the Land Network) average monthly unique visitors (111 million) for the quarter ended June 30, 2025, according to Google Analytics, (2) average monthly unique users (66 million) of web and mobile sites according to internal data, for the quarter ended March 31, 2025, as reported in News Corp's press release on May 8, 2025, (3) Redfin's monthly average visitors (45.66 million) for the quarter ended March 31, 2025, according to Google Analytics, as reported in Redfin's Quarterly Report on Form 10-Q filed on May 6, 2025 and (4) Zillow Group's average monthly unique users (227 million) for the quarter ended March 31, 2025, as reported in Zillow Group's Quarterly Report on Form 10-Q dated May 7, 2025. Expand 2025 Outlook 'We exceeded the top-end of our revenue and adjusted EBITDA guidance in Q2 delivering strong revenue growth, exceptional net new bookings and continued cost discipline while we invest throughout the business,' said Christian Lown, CFO of CoStar Group. The Company now expects revenue in the range of $3.135 billion to $3.155 billion for the full year 2025, representing revenue growth of approximately 15% year-over-year at the midpoint of the range. The Company expects revenue for the third quarter 2025 in the range of $800 million to $805 million, representing revenue growth of approximately 16% year-over-year at the midpoint of the range. The Company is increasing its adjusted EBITDA guidance for the full year 2025 to a range of $370 million to $390 million, an increase of $10 million at the midpoint of the range from its previous guidance. For the third quarter 2025, the Company expects adjusted EBITDA in the range of $75 million to $85 million. The Company expects full year 2025 non-GAAP net income per diluted share in a range of $0.76 to $0.80 based on 421 million shares. For the third quarter 2025, the Company expects non-GAAP net income per diluted share in a range of $0.15 to $0.17 based on 425 million shares. These ranges include an estimated non-GAAP tax rate of 26% for the full year and the third quarter 2025. The preceding forward-looking statements reflect CoStar Group's expectations as of July 22, 2025, including forward-looking non-GAAP financial measures on a consolidated basis, based on current estimates, expectations, observations, and trends. Given the risk factors, rapidly evolving economic environment, and uncertainties and assumptions discussed in this release and in our quarterly reports on Form 10-Q and annual reports on Form 10-K, actual results may differ materially. Other than in publicly available statements, the Company does not intend to update its forward-looking statements until its next quarterly results announcement. Reconciliations of EBITDA, adjusted EBITDA, non-GAAP net income, and non-GAAP net income per diluted share to the most directly comparable GAAP measures are shown in detail below, along with definitions for those terms. A reconciliation of forward-looking non-GAAP guidance to the most directly comparable GAAP measure, net income (loss), can be found within the tables included in this release. Non-GAAP Financial Measures For information regarding the purpose for which management uses the non-GAAP financial measures disclosed in this release and why management believes they provide useful information to investors regarding the Company's financial condition and results of operations, please refer to the Company's latest periodic report. EBITDA is a non-GAAP financial measure that represents GAAP net income attributable to CoStar Group before interest income or expense, net and other income or expense, net; loss on debt extinguishment; income taxes, and depreciation and amortization expense. Adjusted EBITDA is a non-GAAP financial measure that represents EBITDA before stock-based compensation expense; acquisition- and integration-related costs; restructuring and related costs, including certain advisory fees; and settlements and impairments incurred outside the Company's ordinary course of business. Adjusted EBITDA margin represents adjusted EBITDA divided by revenues for the period. Non-GAAP net income is a non-GAAP financial measure determined by adjusting GAAP net income (loss) attributable to CoStar Group for stock-based compensation expense; acquisition- and integration-related costs, including gains or losses on equity investments acquired in prospective targets and related to deal-contingent financial instruments; restructuring costs; settlement and impairment costs incurred outside the Company's ordinary course of business, and loss on debt extinguishment, as well as amortization of acquired intangible assets and other related costs, and then subtracting an assumed provision for income taxes. In 2025, the Company is assuming a 26% tax rate to approximate its statutory corporate tax rate, excluding the impact of discrete items, to determine Non-GAAP net income for each quarterly period, year-to-date period, and the annual period. Non-GAAP net income per diluted share is a non-GAAP financial measure that represents non-GAAP net income divided by the number of diluted shares outstanding for the period used in the calculation of GAAP net income per diluted share. For periods with GAAP net losses and non-GAAP net income, the weighted average outstanding shares used to calculate non-GAAP net income per share includes potentially dilutive securities that were excluded from the calculation of GAAP net income per share as the effect was anti-dilutive. Operating Metrics Net new bookings is calculated based on the annualized amount of change in the Company's sales bookings resulting from new subscription-based contracts, changes to existing subscription-based contracts, and cancellations of subscription-based contracts for the period reported. Information regarding net new bookings is not comparable to, nor should it be substituted for, an analysis of the Company's revenues over time. Earnings Conference Call Management will conduct a conference call to discuss the second quarter 2025 results and the Company's outlook at 5:00 PM ET on Tuesday, July 22, 2025. A live audio webcast of the conference will be available in listen-only mode through the Investors section of the CoStar Group website: A replay of the webcast audio will also be available in the Investors section of our website for a period of time following the call. CoStar Group, Inc. Reconciliation of Non-GAAP Financial Measures - Unaudited (in millions, except per share data) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Net income (loss) $ 6.2 $ 19.2 $ (8.6 ) $ 25.9 Income tax expense 15.4 16.7 23.5 21.5 Income before income taxes 21.6 35.9 14.9 47.4 Amortization of acquired intangible assets 43.6 18.1 71.3 37.9 Stock-based compensation expense 51.8 22.7 82.2 45.5 Acquisition and integration related costs included in loss from operations 5.4 6.0 26.0 8.3 Unrealized gains on investments and deal-contingent foreign currency forward contracts related to an expected acquisition (1) (22.1 ) — (24.6 ) — Restructuring and related costs (1.4 ) — 5.7 — Settlements and impairments 0.6 — 8.9 — Non-GAAP income before income taxes 99.5 82.7 184.4 139.1 Assumed rate for income tax expense (2) 26.0 % 26.0 % 26.0 % 26.0 % Assumed provision for income tax expense (25.9 ) (21.5 ) (47.9 ) (36.2 ) Non-GAAP net income $ 73.6 $ 61.2 $ 136.5 $ 102.9 Net income (loss) per share - diluted $ 0.01 $ 0.05 $ (0.02 ) $ 0.06 Non-GAAP net income per share - diluted $ 0.17 $ 0.15 $ 0.32 $ 0.25 Weighted average outstanding shares - basic 419.6 406.0 415.1 405.8 Weighted average outstanding shares - diluted 424.3 407.4 415.1 407.3 Non-GAAP dilutive shares (3) — — 4.8 — Non-GAAP weighted average shares, diluted 424.3 407.4 419.9 407.3 __________________________ (1) Recorded in other income (expense), net in the condensed consolidated statements of operations. (2) The assumed tax rate approximates our statutory federal and state corporate tax rate for the applicable period. (3) Includes the effect of potential common shares, such as the Company's stock options, restricted stock units, and deferred stock units, to the extent the effect is dilutive. In periods with a net loss available to common stockholders, the anti-dilutive effect of these potential common shares is excluded and diluted net loss per share is equal to basic net loss per share. Non-GAAP weighted average shares have been adjusted for these periods to include the dilutive impact. Expand CoStar Group, Inc. Reconciliation of Non-GAAP Financial Measures - Unaudited (in millions, except per share data) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Net income (loss) $ 6.2 $ 19.2 $ (8.6 ) $ 25.9 Amortization of acquired intangible assets in cost of revenues 17.1 7.9 27.6 16.7 Amortization of acquired intangible assets in operating expenses 26.5 10.2 43.7 21.2 Depreciation and other amortization 12.2 10.1 26.5 20.4 Interest income, net (32.5 ) (53.5 ) (71.0 ) (109.7 ) Other (income) expense, net (1) (16.3 ) 1.5 (13.9 ) 3.4 Income tax expense 15.4 16.7 23.5 21.5 EBITDA 28.6 12.1 27.8 (0.6 ) Stock-based compensation expense 51.8 22.7 82.2 45.5 Acquisition and integration related costs 5.4 6.0 26.0 8.3 Restructuring and related costs (1.4 ) — 5.7 — Settlements and impairments 0.6 — 8.9 — Adjusted EBITDA $ 85.0 $ 40.8 150.6 $ 53.2 __________________________ (1) Includes $8.5 million and $8.3 million of depreciation and amortization expense, including above-market lease amortization associated with lessor activities for the three months ended June 30, 2025 and 2024, respectively, and $13.5 million and $13.8 million for the six months ended June 30, 2025 and 2024, respectively. Expand CoStar Group, Inc. Condensed Consolidated Balance Sheets - Unaudited (in millions) June 30, 2025 December 31, 2024 ASSETS Current assets: Cash and cash equivalents $ 3,628.6 $ 4,681.0 Restricted cash 98.4 — Equity investment 308.1 — Accounts receivable 231.0 210.7 Less: Allowance for credit losses (27.2 ) (22.8 ) Accounts receivable, net 203.8 187.9 Prepaid expenses and other current assets 92.6 81.3 Total current assets 4,331.5 4,950.2 Deferred income taxes, net 55.4 30.6 Property and equipment, net 1,206.7 1,014.9 Lease right-of-use assets 93.8 103.0 Goodwill 3,689.6 2,527.6 Intangible assets, net 915.6 433.2 Deferred commission costs, net 184.4 169.6 Deposits and other assets 30.1 27.7 Total assets $ 10,507.1 $ 9,256.8 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable 51.5 47.0 Accrued wages and commissions 135.9 133.3 Accrued expenses 220.3 163.7 Litigation accrual 96.7 — Income taxes payable 1.0 23.2 Lease liabilities 25.8 32.0 Deferred revenue 187.4 137.1 Other current liabilities 23.8 16.0 Total current liabilities 742.4 552.3 Long-term debt, net 992.5 991.9 Deferred income taxes, net 8.2 7.6 Income taxes payable 26.4 25.0 Lease and other long-term liabilities 136.2 126.5 Total liabilities 1,905.7 1,703.3 Total stockholders' equity 8,601.4 7,553.5 Total liabilities and stockholders' equity $ 10,507.1 $ 9,256.8 Expand CoStar Group, Inc. Condensed Consolidated Statements of Cash Flows - Unaudited (in millions) Six Months Ended June 30, 2025 2024 Operating activities: Net income (loss) $ (8.6 ) $ 25.9 Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 112.8 72.1 Amortization of deferred commissions costs 66.9 56.3 Non-cash lease expense 16.0 16.5 Stock-based compensation expense 82.2 45.5 Deferred income taxes, net (5.5 ) (6.4 ) Credit loss expense 16.9 17.0 Unrealized gains on investments and deal-contingent foreign currency forward contracts (24.6 ) — Other operating activities, net (1.9 ) 1.8 Changes in operating assets and liabilities, net of acquisitions: Accounts receivable (18.8 ) (31.1 ) Prepaid expenses and other current assets and other assets 13.4 (13.9 ) Deferred commissions (80.0 ) (67.6 ) Accounts payable and other liabilities 54.2 88.0 Lease liabilities (18.8 ) (18.4 ) Income taxes payable, net (21.3 ) (7.0 ) Deferred revenue 16.8 19.0 Net cash provided by operating activities 199.7 197.7 Investing activities: Proceeds from sale and settlement of investments 203.4 — Proceeds from sale of property, equipment, and other assets 0.8 — Purchases of property, equipment, and other assets for new campuses (172.5 ) (449.5 ) Purchases of property, equipment, and other assets (58.2 ) (23.0 ) Purchases of equity securities (284.8 ) — Cash paid for acquisitions, net of cash acquired (750.1 ) (5.1 ) Net cash used in investing activities (1,061.4 ) (477.6 ) Financing activities: Payments of debt issuance costs — (3.4 ) Repurchase of restricted stock to satisfy tax withholding obligations (47.0 ) (26.9 ) Stock repurchase (63.8 ) — Proceeds from exercise of stock options and employee stock purchase plan 14.4 17.2 Principal repayments of financing lease obligations (2.0 ) (2.2 ) Net cash used in financing activities (98.4 ) (15.3 ) Effect of foreign currency exchange rates on cash, cash equivalents, and restricted cash 6.1 (1.2 ) Net decrease in cash, cash equivalents, and restricted cash (954.0 ) (296.4 ) Cash, cash equivalents, and restricted cash at the beginning of period 4,681.0 5,215.9 Cash, cash equivalents, and restricted cash at the end of period $ 3,727.0 $ 4,919.5 Expand CoStar Group, Inc. Disaggregated Revenues - Unaudited (in millions) Three Months Ended June 30, 2025 2024 North America International Total North America International Total CoStar $ 251.6 $ 19.3 $ 270.9 $ 237.1 $ 15.9 $ 253.0 Information Services 35.7 3.6 39.3 27.9 5.5 33.4 Multifamily 292.3 — 292.3 264.2 — 264.2 LoopNet 72.6 3.1 75.7 67.2 2.6 69.8 Residential 17.1 11.3 28.4 16.2 10.0 26.2 Other Revenues 74.7 — 74.7 31.2 — 31.2 Total revenues $ 744.0 $ 37.3 $ 781.3 $ 643.8 $ 34.0 $ 677.8 Expand CoStar Group, Inc. Disaggregated Revenues - Unaudited (in millions) Six Months Ended June 30, 2025 2024 North America International Total North America International Total CoStar $ 499.2 $ 36.8 $ 536.0 $ 472.8 $ 30.5 $ 503.3 Information Services 71.7 7.4 79.1 55.3 11.1 66.4 Multifamily 574.8 — 574.8 519.0 — 519.0 LoopNet 142.6 5.9 148.5 133.6 5.3 138.9 Residential 33.6 22.0 55.6 24.6 20.2 44.8 Other Revenues 119.5 — 119.5 61.8 — 61.8 Total revenues $ 1,441.4 $ 72.1 $ 1,513.5 $ 1,267.1 $ 67.1 $ 1,334.2 Expand CoStar Group, Inc. Results of Segments - Unaudited (in millions) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 EBITDA North America $ 43.3 $ 30.8 $ 52.4 $ 34.0 International (14.7 ) (18.7 ) (24.6 ) (34.6 ) Total EBITDA $ 28.6 $ 12.1 $ 27.8 $ (0.6 ) Expand CoStar Group, Inc. Reconciliation of Non-GAAP Financial Measures with Quarterly Results - Unaudited (in millions, except per share data) 2024 2025 Q1 Q2 Q3 Q4 Q1 Q2 Net income (loss) $6.7 $19.2 $53.0 $59.8 ($14.8) $6.2 Income tax expense 4.8 16.7 24.7 25.2 8.1 15.4 Income (loss) before income taxes 11.5 35.9 77.7 85.0 (6.7) 21.6 Amortization of acquired intangible assets 19.8 18.1 16.5 19.8 27.7 43.6 Stock-based compensation expense 22.8 22.7 21.8 21.8 30.4 51.8 Acquisition and integration related costs 2.3 6.0 4.4 16.7 20.6 5.4 Unrealized gains on investments and deal-contingent foreign currency forward contracts related to an expected acquisition (1) — — — — (2.5) (22.1) Restructuring and related costs — — 0.2 0.5 7.1 (1.4) Settlements and impairments — — (1.3) — 8.3 0.6 Non-GAAP income before income taxes (2) 56.4 82.7 119.3 143.8 84.9 99.5 Assumed rate for income tax expense (3) 26.0% 26.0% 26.0% 26.0% 26.0% 26.0% Assumed provision for income tax expense (14.7) (21.5) (31.0) (37.4) (22.1) (25.9) Non-GAAP net income (2) $41.7 $61.2 $88.3 $106.4 $62.8 $73.6 Non-GAAP net income per share - diluted $0.10 $0.15 $0.22 $0.26 $0.15 $0.17 Weighted average outstanding shares - diluted 406.2 407.4 408.0 408.4 410.5 424.3 Non-GAAP dilutive shares (4) — — — — 5.0 — Non-GAAP weighted average shares, diluted 406.2 407.4 408.0 408.4 415.5 424.3 __________________________ (1) Recorded in other income (expense), net in the condensed consolidated statements of operations. (2) Totals may not foot due to rounding. (3) The assumed tax rate approximates our statutory federal and state corporate tax rate for the applicable period. (4) Diluted loss per share includes the effect of potential common shares, such as the Company's stock options, restricted stock units, and deferred stock units, to the extent the effect is dilutive. In periods with a net loss available to common stockholders, the anti-dilutive effect of these potential common shares is excluded and diluted net loss per share is equal to basic net loss per share. Non-GAAP weighted average shares have been adjusted for these periods to include the dilutive impact. 2024 2025 Q1 Q2 Q3 Q4 Q1 Q2 Net income (loss) $6.7 $19.2 $53.0 $59.8 $(14.8) $6.2 Amortization of acquired intangible assets 19.8 18.1 16.5 19.8 27.7 43.6 Depreciation and other amortization 10.3 10.1 10.6 13.1 14.3 12.2 Interest income, net (56.2) (53.5) (55.6) (47.2) (38.5) (32.5) Other expense (income), net (1) 1.9 1.5 1.6 2.2 2.4 (16.3) Income tax expense 4.8 16.7 24.7 25.2 8.1 15.4 EBITDA (2) $(12.7) $12.1 $50.8 $72.9 $(0.8) $28.6 Stock-based compensation expense 22.8 22.7 21.8 21.8 30.4 51.8 Acquisition and integration related costs 2.3 6.0 4.4 16.7 20.6 5.4 Restructuring and related costs — — 0.2 0.5 7.1 (1.4) Settlements and impairments — — (1.3) — 8.3 0.6 Adjusted EBITDA (2) $12.4 $40.8 $75.9 $111.9 $65.6 $85.0 __________________________ (1) Includes $5.5 million, $8.3 million, $8.3 million, $5.0 million, $6.5 million, and $8.5 million of depreciation and amortization expense, including above-market lease amortization, associated with lessor activities, for the three months ending March 31, 2024, June 30, 2024, September 30, 2024, December 31, 2024, March 31, 2025, and June 30, 2025, respectively. (2) Totals may not foot due to rounding. Expand CoStar Group, Inc. Reconciliation of Forward-Looking Guidance - Unaudited (in millions, except per share data) Guidance Range Guidance Range For the Three Months For the Year Ending Ending September 30, 2025 December 31, 2025 Low High Low High Net income (loss) $ (5.4 ) $ 0.6 $ 37.0 $ 46.0 Income tax expense 2.4 6.4 43.0 54.0 Income (loss) before taxes (3.0 ) 7.0 80.0 100.0 Amortization of acquired intangible assets 42.0 42.0 156.0 156.0 Stock-based compensation expense 50.0 50.0 177.0 177.0 Acquisition and integration related costs 3.0 3.0 31.0 31.0 Restructuring and related costs — — 6.0 6.0 Settlements and impairments — — 9.0 9.0 Unrealized gains on investments and deal-contingent foreign currency forward contracts related to an expected acquisition — — (25.0 ) (25.0 ) Non-GAAP income before income taxes 92.0 102.0 434.0 454.0 Assumed rate for income tax expense (1) 26.0 % 26.0 % 26.0 % 26.0 % Assumed provision for income tax expense (23.9 ) (27.0 ) (112.8 ) (118.0 ) Non-GAAP net income 68.0 75.0 321.0 336.0 Net income (loss) per share - diluted $ (0.01 ) $ — $ 0.09 $ 0.11 Non-GAAP net income per share - diluted $ 0.16 $ 0.18 $ 0.76 $ 0.80 Weighted average outstanding shares - diluted 424.6 424.6 421.1 421.1 (1) The assumed tax rate approximates our statutory federal and state corporate tax rate for the applicable period. Guidance Range Guidance Range For the Three Months For the Year Ending Ending September 30, 2025 December 31, 2025 Low High Low High Net income (loss) $ (5.4 ) $ 0.6 $ 37.0 $ 46.0 Amortization of acquired intangible assets $ 42.0 $ 42.0 $ 156.0 $ 156.0 Depreciation and other amortization $ 13.0 $ 13.0 $ 54.0 $ 54.0 Interest income, net $ (32.0 ) $ (32.0 ) $ (133.0 ) $ (133.0 ) Other expense (income), net $ 2.0 $ 2.0 $ (10.0 ) $ (10.0 ) Income tax expense $ 2.4 $ 6.4 $ 43.0 $ 54.0 Stock-based compensation expense $ 50.0 $ 50.0 $ 177.0 $ 177.0 Acquisition and integration related costs $ 3.0 $ 3.0 $ 31.0 $ 31.0 Restructuring and related costs $ — $ — $ 6.0 $ 6.0 Settlements and impairments $ — $ — $ 9.0 $ 9.0 Adjusted EBITDA $ 75.0 $ 85.0 $ 370.0 $ 390.0 Expand About CoStar Group CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world's real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives. CoStar Group's major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; the leading platform for apartment rentals; and the fastest-growing residential real estate marketplace. CoStar Group's industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible, STR, a global leader in hospitality data and benchmarking, Ten-X, an online platform for commercial real estate auctions and negotiated bids and OnTheMarket, a leading residential property portal in the United Kingdom. CoStar Group's websites attracted over 111 million average monthly unique visitors in the second quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit This news release and the Company's earnings conference call contain 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about CoStar Group's plans, objectives, expectations, beliefs and intentions and other statements including words such as 'hope,' 'anticipate,' 'may,' 'likely,' 'might,' 'believe,' 'expect,' 'observe,' 'consider', 'think,' 'intend,' 'envision,' 'will,' 'should,' 'could', 'would,' 'plan,' 'target,' 'goal,' 'estimate,' 'predict,' 'continue,' 'commit,' and 'potential' or the negative of these terms or other comparable terminology. Such statements are based upon the current beliefs and expectations of management of CoStar Group and are subject to many risks and uncertainties. Actual results may differ materially from the results anticipated in the forward-looking statements and the assumptions and estimates used as a basis for the forward-looking statements. The following factors, among others, could cause or contribute to such differences: the risks related to the specific timing, price, and size of repurchases under the Stock Repurchase Program, including that the Stock Repurchase Program may be suspended or discontinued at any time at the Company's discretion; our inability to attract and retain new clients; our inability to successfully develop and introduce new or updated online marketplace services, information, and analytics; our inability to compete successfully against existing or future competitors in attracting advertisers and in general; the effects of fluctuations and market cyclicality; the effects of global economic uncertainties and downturns or a downturn or consolidation in the real estate industry; our inability to hire qualified persons for, or retain and continue to develop our sales force, or unproductivity of our sales force; our inability to retain and attract highly capable management and operating personnel; the downward pressure that our internal and external investments may place on our operating margins; our inability to increase brand awareness; our inability to maintain or increase internet traffic to our marketplaces, and the risk that the methods, including Google Analytics, that we use to measure average monthly unique visitors to our portals may misstate the actual number of unique persons who visit our network of mobile applications and websites for a given month or may differ from the methods used by competitors; our inability to attract new advertisers; our inability to successfully identify, finance, integrate, and/or manage costs related to acquisitions; our inability to complete certain strategic transactions if a proposed transaction is subject to review or approval by regulatory authorities pursuant to applicable laws or regulations; our inability to realize the benefits of the acquisition of Matterport; the effects of cyberattacks and security vulnerabilities, and technical problems or disruptions; the significant costs associated with undertaking a large infrastructure project to build out our campus in Richmond, Virginia; our inability to generate increased revenues from our current or future geographic expansion plans; the risks related to acceptance of credit cards and debit cards and facilitation of other customer payments; the effects of climate related events and other events beyond our control; the effects related to attention to climate-related risks and opportunities; our inability to obtain and maintain accurate, comprehensive, or reliable data; our inability to obtain and maintain stable data feeds, or disruption of our data feeds; our inability to enforce or defend our ownership and use of intellectual property; the effects of use of new and evolving technologies, including artificial intelligence, on our ability to protect our data and intellectual property from misappropriation by third parties; our inability to defend against potential legal liability for collecting, displaying, or distributing information; our inability to obtain or retain listings from real estate brokers, agents, property owners, and apartment property managers; our inability to maintain or establish relationships with third-party listing providers; our inability to comply with the rules and compliance requirements of Multiple Listing Services; the risks related to international operations; the effects of foreign currency exchange rate fluctuations; our indebtedness; the effects of a lowering or withdrawal of the ratings assigned to our debt securities by rating agencies; the effects of any actual or perceived failure to comply with privacy laws and standards; the effects of changes in tax laws, regulations, or fiscal and tax policies; the effects of third-party claims, litigation, regulatory proceedings, or government investigations; and risks related to return on investment; the inability of third-party suppliers upon which Matterport relies to fulfill its needs; the risks related to our equity investments; the risks associated with the ability to consummate the transaction to acquire Domain Holdings Australia Limited (the "Domain Transaction") and realize the benefits of the Domain Transaction; and the risks related to open source software. More information about potential factors that could cause results to differ materially from those anticipated in the forward-looking statements include, but are not limited to, those stated in CoStar Group's filings from time to time with the Securities and Exchange Commission (the "SEC"), including in CoStar Group's Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, each of which is filed with the SEC, including in the 'Risk Factors' section of those filings, as well as CoStar Group's other filings with the SEC (including Current Reports on Form 8-K) available at the SEC's website ( All forward-looking statements are based on information available to CoStar Group on the date hereof, and CoStar Group assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
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- Leader Live
Cadbury Mini Snowballs chocolate bars spotted back in Asda
The confectionery company is responsible for a wide range of popular chocolates, including Boost, Crunchie, and the classic Dairy Milk. It is also well-known for festive treats, including Creme Eggs at Easter and Cadbury Coins at Christmas. Although Christmas is still five months away, the first Christmas chocolate of 2025 has already been spotted. Cadbury Mini Snowballs chocolate bars were found in Asda by Newfoodsuk, much to the excitement of shoppers. One person, commenting on Facebook, said: "Oh wow, I'm still trying to finish this years Easter eggs, better hurry so I can start on the Xmas chocs." Another added: "Still wanna eat it though… even if it is 5 months early." A third person commented: "Omg freaking yes!!" Cadbury's Mini Snowballs chocolate bar received rave reviews upon its release ahead of Christmas 2024. One person, commenting on Amazon, said: "My favourite chocolate bar." While another shopper posted: "This new chocolate bar is fantastic. Great taste Fabulous." Mars has also released its first Christmas-themed chocolates of 2025, with Gingerbread Flavour Maltesers Reindeer spotted on Morrisons' website (£1 for one or £2 for a 5-pack). RECOMMENDED READING: Cadbury chocolate bar discontinued in the UK 23 years ago spotted in The Range Cadbury reveals reason Easter eggs are on supermarket shelves so early - see why While most Brits were excited to see the return of Cadbury Mini Snowballs chocolate bars, others said it was "way too early" for Christmas treats to be hitting supermarket shelves. But Mondelēz International (Cadbury owners) previously revealed it is not always the company's decision as to when festive treats are released in supermarkets. It explained that retailers are free to choose when products appear on shelves, and "due to supply chain reasons, some products will be on shelves a little earlier" than the rest.
South Wales Argus
a day ago
- Business
- South Wales Argus
Cadbury Mini Snowballs chocolate bars spotted back in Asda
The confectionery company is responsible for a wide range of popular chocolates, including Boost, Crunchie, and the classic Dairy Milk. It is also well-known for festive treats, including Creme Eggs at Easter and Cadbury Coins at Christmas. Discontinued UK chocolates and sweets Asda shoppers spot first Cadbury Christmas chocolate of 2025 Although Christmas is still five months away, the first Christmas chocolate of 2025 has already been spotted. Cadbury Mini Snowballs chocolate bars were found in Asda by Newfoodsuk, much to the excitement of shoppers. One person, commenting on Facebook, said: "Oh wow, I'm still trying to finish this years Easter eggs, better hurry so I can start on the Xmas chocs." Another added: "Still wanna eat it though… even if it is 5 months early." A third person commented: "Omg freaking yes!!" Cadbury's Mini Snowballs chocolate bar received rave reviews upon its release ahead of Christmas 2024. One person, commenting on Amazon, said: "My favourite chocolate bar." While another shopper posted: "This new chocolate bar is fantastic. Great taste Fabulous." Mars has also released its first Christmas-themed chocolates of 2025, with Gingerbread Flavour Maltesers Reindeer spotted on Morrisons' website (£1 for one or £2 for a 5-pack). RECOMMENDED READING: Why does Christmas chocolate appear in UK stores so early? While most Brits were excited to see the return of Cadbury Mini Snowballs chocolate bars, others said it was "way too early" for Christmas treats to be hitting supermarket shelves. But Mondelēz International (Cadbury owners) previously revealed it is not always the company's decision as to when festive treats are released in supermarkets. It explained that retailers are free to choose when products appear on shelves, and "due to supply chain reasons, some products will be on shelves a little earlier" than the rest.
The Star
6 days ago
- Business
- The Star
Ungku Norliza Syazwan appointed Boost Bank deputy CEO
Boost Bank's newly appointed deputy CEO, Ungku Norliza Syazwan Ungku Halmie KUALA LUMPUR: Regional fintech (financial technology) company Boost has elevated two of its internal leaders to key positions, reflecting its commitment to nurturing internal talent and driving continued growth across its digital financial services ecosystem. In a statement today, Boost said it has appointed the former Boost Life chief executive officer (CEO) Ungku Norliza Syazwan Ungku Halmie as Boost Bank's deputy CEO. The company said that in her new role, Ungku Norliza Syazwan will work closely with Boost Bank's CEO Fozia Amanulla to accelerate the digital bank's expansion and innovation roadmap. Ungku Norliza previously played a key role in scaling the Boost eWallet into a hyper-growth platform and was recognised as "Female Leader of the Year' in 2023. Meanwhile, Boost also named Gin Wong as head of consumer business, taking over leadership of Boost Life. In her expanded role, she will drive the next phase of growth through strategic oversight of consumer experience and innovation. Formerly head of product, Wong was instrumental in evolving the eWallet into a seamless, everyday financial companion for millions of users. Boost group CEO Sheyantha Abeykoon said leaders like Ungku Liza and Wong exemplify this spirit, and the group is immensely proud whenever it can open doors for its own people to rise within. "At Boost, one of our core principles is creating a platform where every employee can grow and thrive professionally. "There is nothing more fulfilling than seeing 'Boosties' who embrace this chance and advance in their careers, fueling our collective growth as a company,' he said. Boost reiterated that these leadership movements reinforce the group's commitment to unlocking internal potential and building a pipeline of strong, future-ready leaders, as the group accelerates its ambition to become a leading regional digital banking group that is reimagining financial access and inclusion. - Bernama
Yahoo
7 days ago
- Business
- Yahoo
Kroger gives its Boost membership program a temporary lift
This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter. Kroger is adding an extra jolt to its Boost membership program as summer wears on, offering members additional savings for a two-week period. The 'Boost Bonus Days' promotion, which begins Wednesday and extends through July 29, includes the opportunity for shoppers to save more than $100 through a variety of deals on an unspecified assortment of grocery items. Customers will be able to redeem most of the offers up to five times during the promotion. Kroger is also offering $10 off a delivery order of at least $75 as well as a 50% discount on the cost of a new or renewed Boost membership during the promotion. The limited-time benefits apply to both Kroger Boost tiers, which are distinguished from one another by the type of delivery benefit they provide. The base level, which costs $69 per year or $8.99 per month, provides free next-day delivery, while the premium tier provides free same-day delivery at an annual cost of $99 per year or $12.99 a month. Both Kroger Boost levels require a minimum purchase of $35 for free delivery. In April, Kroger raised the annual cost of the lower-priced version of Boost by $10 per year and increased the monthly fee by $1. Kroger Boost benefits augment the features of the grocer's standard loyalty program, Kroger Plus. Kroger offers free pickup on orders that meet a $35 threshold for all loyalty program members. The Boost Bonus Days program reprises a similar promotion Kroger ran for two weeks last July, but comes with a different package of discounts. In 2024, Kroger's Boost Bonus Days initiative offered Boost members over $60 in savings that encompassed free private label goods including cookies, bacon and pasta in addition to price reductions on other products carrying the grocer's brands. Kroger said earlier this year that it would focus on boosting customer loyalty as it looked to juice growth following its unsuccessful effort to merge with Albertsons. 'Looking to 2025, we have aggressive plans to build more stores and improve our share results, attract new households and increase loyalty, which will accelerate growth and create shareholder value,' Kroger interim CEO Ron Sargent said during the supermarket company's fourth-quarter earnings call in March. Recommended Reading Kroger is striving for e-commerce profitability. What will it take to get there?
