FactSet (FDS) Misses Q4 EPS by 1c, Slight Miss on Revenus; FY19 EPS Mid-Point Outlook Below Consensus
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FactSet Reports Strong Revenue and EPS Growth in Fourth Quarter 2018
September 25, 2018 7:00 AM EDTNORWALK, Conn., Sept. 25, 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 fourth quarter ended August 31, 2018.
Fourth Quarter Fiscal 2018 Highlights
Revenues increased 5.9% or $19.2 million to $345.9 million compared with $326.6 million for the same period in fiscal 2017. Organic revenues grew 5.3% to $347.1 million during the fourth quarter of 2018 from the prior year period. The increase is primarily due to higher sales of research and analytics products, content and technology solutions (CTS) and... More