secwatch.observer — SEC 8-K summary
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Issuer:     FACTSET RESEARCH SYSTEMS INC (FDS)
CIK:        0001013237
Form:       8-K
Filed at:   2023-12-19T23:59:59+00:00
Accession:  0001013237-23-000193
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FactSet Q1 revenue $542M (+7.4%); cuts FY ASV growth guidance to $110-150M
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- GAAP revenue $542.2M, up 7.4% YoY; organic revenue +7.2%; GAAP diluted EPS $3.84 (+9.1% YoY).
- Adjusted diluted EPS $4.12 (+3.3% YoY); adjusted operating margin 37.6% vs 38.3% a year ago.
- Organic ASV+professional services $2,185M (+7.1% YoY); FY2024 ASV growth guidance lowered to $110-150M from $130-175M.
- Launched FactSet Mercury AI workflow tool for junior bankers; published AI Blueprint.
- Quarterly dividend of $0.98/share payable Dec 21; repurchased $59.9M of stock in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013237/000101323723000193/0001013237-23-000193-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013237/000101323723000193/fds-20231214.htm
  HTML page:      https://secwatch.observer/filing/0001013237-23-000193

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