FactSet (FDS) Tops Q2 EPS by 11c

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FactSet Reports Results for Second Quarter 2023

March 23, 2023 7:00 AM EDT

Q2 GAAP revenues of $515.1 million, up 19.5% from Q2 2022Organic Q2 ASV plus professional services of $1.9 billion, up 9.1% year over yearQ2 GAAP operating margin of 32.9%, up 430 bps year over year, and adjusted operating margin of 37.0%, up 330 bps over the prior yearQ2 GAAP diluted EPS of $3.38, up 19.0% from the prior year, and adjusted diluted EPS of $3.80, up 16.2% year over yearFactSet is updating fiscal 2023 guidance, with expected ASV + professional services growth of 7% - 9%, adjusted operating... More