Reports Q1 revenue $328M, consensus $327.53M. “The strong revenue and earnings growth we showed in 2018 has continued into the first quarter of 2019,” said Andrew C. Florance, Founder and Chief Executive Officer of CoStar Group. “In the first quarter of 2019, our sales team generated $48 million in company-wide net new bookings, an increase of 36% year-over-year. Apartments.com had an exceptionally strong sales quarter, growing quarterly net new bookings by 40% year-over-year, exceeding even the record net new bookings level we achieved in the fourth quarter of 2018.”
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