FactSet (FDS) Tops Q3 EPS by 19c, Offers Guidance

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FactSet Reports Results for Third Quarter 2023

June 22, 2023 7:00 AM EDT

Q3 GAAP revenues of $529.8 million, up 8.4% from Q3 2022Organic Q3 ASV plus professional services of $2.1 billion, up 8.0% year over yearQ3 GAAP operating margin of 32.5%, up 1,260 bps year over year, and adjusted operating margin of 36.0%, down 60 bps from the prior yearQ3 GAAP diluted EPS of $3.46, up 79.3% from the prior year, and adjusted diluted EPS of $3.79, up 0.8% year over yearFactSet is updating its fiscal 2023 guidance, with an expected adjusted operating margin of 35%-36% and... More