earnings
confidence high
sentiment positive
materiality 0.75
FactSet Q3 revenue $488.8M (+22.3%); organic ASV +10.1%; adj. EPS $3.76 (+38.2%)
FACTSET RESEARCH SYSTEMS INC
2022-Q3 EPS reported
$7.58
revenue$1,344,595,000
- GAAP revenue $488.8M (+22.3% YoY); organic revenue +10.5%. CGS acquisition contributed.
- Organic ASV plus professional services $1.8B, up 10.1% YoY; organic ASV added $31.9M in quarter.
- GAAP operating margin 19.9% (down from 29.5%) due to $48.8M real estate impairment; adjusted operating margin improved to 36.6%.
- Quarterly dividend increased 8.5% to $0.89/share; share repurchases suspended to prioritize debt repayment.
- Fiscal 2022 guidance reaffirmed at upper end of ranges except tax rate at lower end.