FactSet Q4 2024 Earnings: Strong Performance and Positive Outlook
Written byAInvest Visual
Friday, Sep 20, 2024 2:06 am ET1min read
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FactSet Research Systems Inc. (NYSE: FDS), a leading provider of data analytics services, recently announced its fourth quarter (Q4) 2024 earnings. The company reported a double-digit increase in adjusted earnings, driven by a 4.9% increase in revenues to $562.2 million compared to the prior year period. Organic annual subscription value (ASV) plus professional services rose 4.8% annually to $2.27 million in Q4.
For fiscal 2025, FactSet expects organic ASV to grow by 4-6%, with full-year revenue expected to be in the range of $2.29 billion to $2.31 billion. The company also anticipates an adjusted operating margin in the range of 36% to 37% and adjusted net income between $16.80 per share and $17.40 per share.
For fiscal 2025, FactSet expects organic ASV to grow by 4-6%, with full-year revenue expected to be in the range of $2.29 billion to $2.31 billion. The company also anticipates an adjusted operating margin in the range of 36% to 37% and adjusted net income between $16.80 per share and $17.40 per share.
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