FactSet Research Systems Inc. (NYSE: FDS), a leading provider of data analytics services, has reported a modest increase in third-quarter adjusted profit. Revenues increased by 8.4% during the three-month period.
- Revenues increased 8.4% year-over-year to $529.8 million in the three months ended May 2023
- Net income, on a reported basis, jumped to $134.7 million or $3.46 per share in Q3 from $74.9 million or $1.93 per share last year
- On an adjusted basis, the company reported earnings of $3.79 per share, which is slightly higher than the $3.76 per share reported last year
- Operating margin moved up 1,260 bps to 32.5%, while adjusted operating margin declined 60 bps to 36.0%
- The management expects adjusted operating margin to be in the range of 35% to 36% in fiscal 2023
- It is looking for a 10%-13% growth in full-year adjusted diluted earnings per share
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
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
