secwatch.observer — SEC 8-K summary
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Issuer:     FACTSET RESEARCH SYSTEMS INC (FDS)
CIK:        0001013237
Form:       8-K
Filed at:   2023-03-23T23:59:59+00:00
Accession:  0001013237-23-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FactSet Q2 fiscal 2023 revenue $515.1M (+19.5% YoY), adj. EPS $3.80 (+16.2%)
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- GAAP revenue $515.1M (+19.5% YoY), organic revenue +8.9% to $469.5M; GAAP EPS $3.38 (+19.0%).
- Adjusted operating margin 37.0% (+330 bps YoY); adjusted EBITDA $199.7M (+35.8%).
- Organic ASV plus professional services up 9.1% to $1.9B; buy-side 8.1%, sell-side 15.8% growth.
- Updated FY2023 guidance: organic ASV growth $145M-$175M (incl. CGS), adj. op. margin 34%-35%, adj. diluted EPS growth 8%-11%.
- Made $125M debt prepayment in Q2; total $500M term loan prepayments; share repurchases suspended until 2H FY2023; quarterly dividend $0.89/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013237/000101323723000034/0001013237-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013237/000101323723000034/fds-20230323.htm
  HTML page:      https://secwatch.observer/filing/0001013237-23-000034

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