Morningstar (MORN) Reports Q2 EPS of $1.12

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Morningstar, Inc. Reports Second-Quarter 2020 Financial Results

July 29, 2020 4:15 PM EDT

CHICAGO, July 29, 2020 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced second-quarter 2020 financial results reflecting the resilience of its business.

"Amidst the ongoing COVID-19 pandemic, our teams continue to help investors successfully manage their personal portfolios and professional practices, underscoring the importance of our mission," said Kunal Kapoor, Morningstar's chief executive officer. "In the second quarter, the recurring nature of our license-based revenue and expense control supported our ability to continue funding longer-term growth initiatives. For instance, we recently welcomed Sustainalytics into the Morningstar... More