These 10 Firms Were Battered by Dismal Earnings, Outlook Guidance

3. CoStar Group, Inc. (NASDAQ:CSGP)

CoStar Group saw its share prices fall by 10.31 percent on Wednesday to finish at $74.17 apiece as investor sentiment was weighed down by a dismal earnings performance in the first quarter of the year.

In its latest earnings release, CoStar Group, Inc. (NASDAQ:CSGP) said it swung to a net loss of $14.8 million from a $6.7 million net income in the same period a year earlier, despite revenues jumping by 11 percent to $732.2 million from $656.4 million year-on-year.

The company said its net loss included a $31-million negative impact associated with its acquisition of Matterport.

Looking ahead, CoStar Group, Inc. (NASDAQ:CSGP) said it expects revenues to settle between $3.115 billion and $3.155 billion for the full year 2025, representing revenue growth of approximately 15 percent year-on-year at the midpoint of the range.

The company also expects the second quarter to grow by 14 percent to a range of $770 million to $775 million.