FactSet (FDS) Tops Q2 EPS by 6c, Updates FY Guidance

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FactSet Reports Strong Revenue Growth in Second Quarter 2018

March 27, 2018 7:00 AM EDT

NORWALK, Conn., March 27, 2018 (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, 2018.

Second Quarter of Fiscal 2018 Highlights

Revenues increased 13.9% or $40.9 million to $335.2 million compared with $294.4 million for the same period in fiscal 2017. Organic revenues grew 5.7% to $310.4 million during the second quarter of 2018 from the prior year period. The increase is primarily due to higher sales of analytics products and content and technology solutions... More