FactSet (FDS) Misses Q4 EPS by 57c, Guidace Misses

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FactSet Reports Results for Fourth Quarter 2023

September 21, 2023 7:00 AM EDT

Q4 GAAP revenues of $535.8 million, up 7.3% from Q4 2022; Fiscal 2023 GAAP revenues of $2,086 million, up 13.1% from fiscal 2022Organic Q4 ASV plus professional services of $2.2 billion, up 7.1% year over yearQ4 GAAP operating margin of 21.9%, down 460 bps year over year, and adjusted operating margin of 33.6%, up 210 bps from the prior year; Fiscal 2023 GAAP operating margin of 30.2%, increased 440 bps year over year, and adjusted operating margin of 36.2%, increased 230 bps over the prior yearQ4 GAAP diluted EPS of $1.68, down 37.5% from the prior... More