RBC Capital Reiterates Sector Perform Rating on FactSet Research Systems (FDS)
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FactSet Reports Results for Third Quarter 2024
June 21, 2024 7:00 AM EDTQ3 GAAP revenues of $552.7 million, up 4.3% from Q3 2023.Organic Q3 ASV plus professional services of $2,220.4 million, up 5.0% year over year.Q3 GAAP operating margin of 36.6%, up approximately 420 bps year over year, and adjusted operating margin of 39.4%, up 340 bps from the prior year.Q3 GAAP diluted EPS of $4.09, up 18.2% from the prior year, and adjusted diluted EPS of $4.37, up 15.3% year over year.Fiscal 2024 guidance updated. Expected organic ASV plus professional services... More
