Commercial real estate information provider CoStar Group saw its second-quarter income increase to $5.4 million, up 363 percent from $1.2 million during the same quarter of 2007, the Bethesda-based company announced.
Earnings per share increased to 28 cents per share from 6 cents per share last year, as revenues jumped to $53.5 million from $47.8 million in 2007.
“Our second quarter 2008 earnings results are the strongest ever for CoStar Group, and we anticipate even stronger results in the third quarter,” President and CEO Andrew Florance said in a statement.
Remedi SeniorCare acquires Ohio pharmacy firm
Baltimore-based Remedi Senior care will extend its pharmacy services to senior health care facilities in the Midwest with its acquisition of Ohio?s HealthCare Pharmacy, the company announced Wednesday.
Remedi will double the number of residents its serves to 20,000 in Maryland, Delaware, Washington, D.C., Virginia, Ohio, Kentucky, Indiana, and Michigan. The expansion places it among the nation?s top 10 independent institutional pharmacies, the company said.
