secwatch.observer — SEC 8-K summary
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Issuer:     FACTSET RESEARCH SYSTEMS INC (FDS)
CIK:        0001013237
Form:       8-K
Filed at:   2022-12-20T23:59:59+00:00
Accession:  0001013237-22-000199
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FactSet Q1 FY2023 revenue $505M (+19%); EPS $3.52 GAAP, $3.99 adj.; margins expand; reaffirms outlook
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- GAAP revenue $504.8M, up 18.9% YoY; organic revenue up 8.3% to $459.9M.
- GAAP operating margin 34.1% (up 517 bps); adjusted operating margin 38.3% (up 471 bps).
- GAAP diluted EPS $3.52 (+26.2%); adjusted diluted EPS $3.99 (+22.8%).
- Organic ASV+professional services $1.8B, up 8.8% YoY; increased $9.3M over the quarter.
- Reaffirmed fiscal 2023 annual outlook; suspended share repurchases to prioritize debt repayment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013237/000101323722000199/0001013237-22-000199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013237/000101323722000199/fds-20221215.htm
  HTML page:      https://secwatch.observer/filing/0001013237-22-000199

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer