CoStar raises annual revenue forecast on surge in new bookings

Core Insights - CoStar, a commercial real estate data and analytics firm, raised its annual revenue forecast and exceeded third-quarter estimates due to increased bookings and growth in its subscription base [1] Financial Performance - The company reported higher bookings which contributed to its revenue growth [1] - CoStar's third-quarter performance surpassed market expectations, indicating strong demand for its services [1] Subscription Growth - Growth across CoStar's subscription base was a significant factor in its improved financial outlook [1]