Morningstar (MORN) Reports Q4 EPS of $0.91
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Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2017 Financial Results
February 20, 2018 4:01 PM ESTCHICAGO, Feb. 20, 2018 /PRNewswire/ --Â Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced its fourth-quarter and full-year 2017 financial results. Reported results reflect solid business performance, highlighted by strong revenue and cash flow growth, with operating income and net income per share impacted by special items.
Financial Highlights
Fourth-quarter revenue increased 14.5% to $243.1 million; full-year revenue increased 14.2% to $911.7 million. Fourth-quarter organic revenue growth was 9.0%; full-year organic revenue growth was 7.6%. Fourth-quarter operating income decreased 14.6%, including special items; full-year operating income decreased 6.0%.... More