earnings
confidence high
sentiment positive
materiality 0.70
FactSet Q3 revenue up 8.4% to $529.8M; adjusted EPS up 0.8%; boosts margin guidance
FACTSET RESEARCH SYSTEMS INC
2023-Q3 EPS reported
$10.35
revenue$1,549,711,000
- GAAP diluted EPS $3.46 (+79.3% YoY); adjusted diluted EPS $3.79 (+0.8% YoY).
- Organic ASV plus professional services $2.1B (+8.0% YoY); Americas ASV +8.0%, EMEA +7.4%, Asia Pacific +10.5%.
- Updated FY2023 guidance: adjusted operating margin 35-36% (up 100 bps); organic ASV and GAAP revenue at lower end of prior ranges.
- Quarterly dividend raised 10% to $0.98/share; new $300M share repurchase program approved for September 1.
- Appointed Elisha Wiesel to Board; paid $62.5M toward term loan (total $562.5M paid to date).