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
LW Earnings: Key quarterly highlights from Lamb Weston’s Q3 2025 financial results
Lamb Weston Holdings, Inc. (NYSE: LW) reported its third quarter 2025 earnings results today. Net sales increased 4% to $1.52 billion compared to the same period a year ago. Net
CAG Earnings: Highlights of Conagra Brands’ Q3 2025 report
Conagra Brands, Inc. (NYSE: CAG), a leading provider of consumer packaged goods, reported a decrease in net sales and adjusted earnings for the third quarter of 2025. Net sales were
Fastenal Company (FAST) looks poised for a mixed start to FY25
Fastenal Company (NASDAQ: FAST) will report its first-quarter results on April 11, at 6:50 am ET. The company has been investing heavily to expand its digital footprint lately, and it