Factset Research Systems (FDS) Tops Q2 EPS by 1c; Expands Buyback by $300M
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FactSet Reports Solid Revenue and Earnings Growth in Second Quarter 2017
March 28, 2017 7:00 AM EDTNORWALK, Conn., March 28, 2017 (GLOBE NEWSWIRE) -- FactSet (the Company) (NYSE: FDS) (NASDAQ: FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced its results for the second quarter ended February 28, 2017.
Second Quarter 2017 Highlights
Revenues increased 4.5% or $12.6 million to $294.4 million compared with $281.8 million for the same period in 2016. The second quarter of 2016 includes revenues from the Market Metrics business, which was sold in FactSets fourth quarter of 2016. Organic revenues grew 7.0% to $291.5 million during the second quarter of 2017 from the prior year... More