Morningstar, Inc. Reports First-Quarter 2019 Financial Results
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Morningstar (MORN) Reports Q1 EPS of $0.77
April 24, 2019 4:58 PM EDTMorningstar (NASDAQ: MORN) reported Q1 EPS of $0.77, versus $0.98 reported last year. Revenue for the quarter came in at $258.9 million, versus $243.5 million reported last year.
Revenue increased 6.3% to $258.9 million; organic revenue growth increased 8.3%.Operating income rose 4.2% to $49.5 million.Diluted net income per share decreased 21.4% to $0.77, versus $0.98 in the first quarter of 2018. Results included an increase in... More