FactSet (FDS) Tops Q2 EPS by 9c, Offers FY Guiance

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FactSet Reports Solid Revenue and EPS Growth in Second Quarter 2019

March 26, 2019 7:00 AM EDT

NORWALK, Conn., March 26, 2019 (GLOBE NEWSWIRE) -- FactSet (the Company) (NYSE: FDS) (NASDAQ: FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced results for its second quarter ended February 28, 2019.

Second Quarter Fiscal 2019 Highlights

Revenues increased 5.9% or $19.7 million to $354.9 million compared with $335.2 million for the same period in fiscal 2018. The increase is primarily due to higher sales of analytics, content and technology solutions (CTS) and wealth management solutions. Organic revenues grew 5.7% to $356.5 million during the second quarter of fiscal 2019 from the prior year... More