FactSet Research Systems Inc. (NYSE: FDS), a leading provider of data analytics services, announced financial results for the third quarter of 2024, reporting higher revenues and adjusted profit.
- Third-quarter revenues increased 4.3% year-over-year to $552.7 million
- Organic Annual Subscription Value plus professional services was $2.22 billion in Q3, up 5% year-over-year
- Q3 net income, on a reported basis, came in at $158.14 million or $4.09 per share, representing increases of 17.4 % and 18.2% respectively
- Adjusted earnings, on a per-share basis, rose 15.3% annually to $4.37 during the three months
- The management expects full-year organic Annual Subscription Value plus professional services to grow 4-5.5% annually
- The company is looking for revenues in the range of $2.18 billion to $2.19 billion for fiscal 2024
- The guidance for FY24 adjusted operating margin is between 37.0% and 37.5%
- Adjusted profit is estimated to be in the range of $16.00 per share to $16.40 per share in the full fiscal year
Most Popular
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
