FactSet Research Systems Inc. Q2 2024 Report Highlights

Friday, 22 March 2024, 15:07

FactSet Research Systems Inc. (NYSE: FDS) reported impressive financial results for Q2 2024 with a significant increase in revenues and adjusted profit. Key figures include a 6% rise in Q2 revenues, improved operating margin, and notable growth in earnings per share. The company also provided guidance for the full year, projecting strong revenue and earnings performance.
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FactSet Research Systems Inc. Q2 2024 Report Highlights

Earnings Summary: A snapshot of FactSet’s Q2 2024 report

Key Highlights:

  • Q2 revenues: Increased by 6% to $545.9 million
  • Operating margin: Rose to 33.3% from 32.9%
  • Net income per share: Grew by 8% to $3.65
  • Adjusted earnings per share: Jumped 11.1% to $4.22

The management foresees strong organic ASV growth and expects full-year revenues and earnings to be robust. FactSet remains optimistic about its performance for 2024.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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