CoStar Group, Inc. (CSGP) reported a first-quarter net loss of $2.41 million or $0.09 per share, compared to profit of $5.13 million or $0.20 per share, last year. Adjusted net income per share for the quarter was $0.47, compared to $0.32 prior year. Revenue was $104.0 million compared to $68.6 million, an increase of 52% year-over-year. Operating expenses were $73.03 million, compared to $35.69 million prior year.
On average, five analysts polled by Thomson Reuters expected the company to report profit of $0.44 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $102.55 million for the quarter.
For the second quarter of 2013, the company expects adjusted net income per share in the range of approximately $0.50 to $0.53. For the full year of 2013, the company currently expects adjusted net income per share in a range of approximately $2.12 to $2.22. Analysts expect the company to report second-quarter profit per share of $0.52. Analysts expect the company to report fiscal 2013 profit per share of $2.13.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.