CoStar Group 2023 Revenue Increased 13%, Apartments.com Crosses $1B In Annualized Run Rate Revenue In January 2024, And Homes.com Crosses $1M In Annualized Daily Net New Sales Bookings In February 2024
Portfolio Pulse from Benzinga Newsdesk
CoStar Group reported a 13% increase in revenue for 2023. Apartments.com achieved over $1B in annualized run rate revenue in January 2024, and Homes.com surpassed $1M in annualized daily net new sales bookings in February 2024.
February 20, 2024 | 9:34 pm
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CoStar Group's revenue increased by 13% in 2023, with significant milestones achieved by Apartments.com and Homes.com in early 2024.
The reported 13% revenue growth for CoStar Group in 2023, along with the significant achievements of Apartments.com and Homes.com, indicates strong performance and growth prospects. These milestones are likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100