CoStar Group, Inc. (CSGP) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.117 Good day and thank you for standing by. Welcome to the Q1 2025 00:00:05.117 -- 00:00:09.663 CoStar Group Earnings Conference Call. At this time, all participants are in a listen-only 00:00:09.663 -- 00:00:13.648 mode. Please be advised that today's conference is being recorded. 00:00:13.648 -- 00:00:17.392 After the speaker's presentation, there will be a question and answer session. 00:00:17.392 -- 00:00:22.218 To ask a question, please press star 1-1 on your telephone and wait for your name to 00:00:22.218 -- 00:00:26.063 be announced. To withdraw your question, please press star 1-1 again. 00:00:26.063 -- 00:00:30.592 I would now like to hand the conference over to your speaker today, Rich Simonelli, head 00:00:30.592 -- 00:00:32.514 of investor relations. 00:00:32.514 -- 00:00:36.821 Thank you so much, operator. And hello and thank you all for joining us to discuss the 00:00:36.821 -- 00:00:40.726 first quarter 2025 results of the CoStar Group. 00:00:40.726 -- 00:00:45.413 Before I turn the call over to Andy Florence, CoStar CEO and founder, and Chris Lown, 00:00:45.413 -- 00:00:49.979 our CFO, I would like to review our safe harbor statement. 00:00:49.979 -- 00:00:53.965 Certain portions of the discussion today may contain forward-looking statements, including 00:00:53.965 -- 00:00:57.575 the company's outlook and expectations, 00:00:57.575 -- 00:01:03.224 for the second quarter and full year of 2025 based on current beliefs and assumptions. 00:01:03.224 -- 00:01:07.711 Forward-looking statements involve many risks, uncertainties, assumptions, estimates, 00:01:07.711 -- 00:01:13.981 and other factors that can cause actual results to differ materially from such statements. 00:01:13.981 -- 00:01:17.907 Important factors that can...