CoStar Group plans to reduce its net investment in listings site Homes.com by at least $100 million every year until 2030.
CoStar Group projects 18% revenue growth and $1.5B stock buyback in 2026, while reducing Homes.com investment by $300M. Homes.com is not expected to reach positive adjusted EBITDA until 2030. AI ...
The rapidly rising site traffic at Homes.com took center stage at CoStar Group’s Q4 and full year 2024 earnings call with investors Tuesday evening. Florance said CoStar Group is hoping to grow the ...
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