Real Estate & Home

CoStar Group, Homes.com surge in Q1 - CEO welcomes end of activist 'distraction'

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CoStar Group reported strong Q1 2026 financial results, with revenue up 23% year-over-year and adjusted EBITDA doubling. CEO Andrew Florance highlighted the end of activist investor pressure, allowing focus on accelerating growth for Homes.com and other business segments. This shift is crucial as it clears the way for strategic initiatives like AI enhancements to drive further engagement and profitability.

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