Categories Earnings, Finance

Earnings Summary: A snapshot of FactSet’s Q1 2024 report

FactSet Research Systems Inc. (NYSE: FDS), a leading provider of data analytics services, announced financial results for the first quarter of 2024, reporting higher revenues and adjusted profit.

  • Q1 revenue increased 7.4% annually to $542.2 million from $504.8 million in the prior-year period
  • Organic revenue moved up 7.2% year-over-year to $541.4 million, aided by higher Wealth and data sales
  • Earnings, on a per-share basis, rose 9.1% to $3.84 in Q1 from $3.52 for the same period in fiscal 2023
  • Adjusted earnings were $4.12 per share in the November quarter, vs. $3.99 per share last year
  • First-quarter net income came in at $148.6 million, compared to $136.8 million in the year-ago period
  • Operating margin, on a reported basis, was 34.9% in the November quarter, up around 80 bps year over year
  • EBITDA increased to $219.0 million, up 9.3%, in the first quarter from $200.4 million in Q1 2023

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Beyond Meat (BYND) Earnings: 4Q23 Key Numbers

Beyond Meat, Inc. (NASDAQ: BYND) reported net revenues of $73.7 million for the fourth quarter of 2023, down 7.8% year-over-year. Net loss was $155.1 million, or $2.40 per share, compared

AAP Infographic: Advance Auto Parts reports net loss for Q4 2023

Automotive parts retailer Advance Auto Parts, Inc. (NYSE: AAP) on Wednesday reported a net loss for the fourth quarter of 2023, compared to profit in the year-ago period. The company

Earnings: eBay’s Q4 2023 sales and earnings beat estimates

E-commerce platform eBay Inc. (NASDAQ: EBAY) on Tuesday reported financial results for the fourth quarter of 2023. Earnings and revenue topped expectations. Fourth-quarter revenues came in at $2.56 billion, compared

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top