UPDATE: Factset Research Systems (FDS) Tops Q3 EPS by 1c, Offers Q4 Guidance

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Go back to UPDATE: Factset Research Systems (FDS) Tops Q3 EPS by 1c, Offers Q4 Guidance

FactSet Reports Solid Earnings Growth in Third Quarter 2017

June 27, 2017 7:05 AM EDT

NORWALK, Conn., June 27, 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 third quarter ended May 31, 2017.

Third Quarter 2017 Highlights

Revenues increased 8.6% or $24.6 million to $312.1 million compared with $287.5 million for the same period in 2016. Revenues for the third quarter of 2017 were reduced by a $2.5 million deferred revenue fair value adjustment related to the Companys recent acquisitions. Organic revenues grew 5.9% to $293.9 million during the third quarter of 2017... More