8-K
filed March 21, 2024, 7:59 PM ET
ticker FDS
CIK 0001013237
earnings
confidence high
sentiment positive
materiality 0.80
FactSet Q2 FY2024 rev $545.9M (+6% YoY); adj EPS $4.22 (+11.1%)
FACTSET RESEARCH SYSTEMS INC
2024-Q2 EPS reported
$7.49
revenue$1,088,161,000
- GAAP revenue $545.9M (+6.0%); GAAP diluted EPS $3.65 (+8.0%); adj diluted EPS $4.22 (+11.1%).
- GAAP operating margin 33.3% (+50 bps); adj operating margin 38.3% (+130 bps).
- Organic ASV+pro services $2,209.5M (+5.4% YoY); expects FY2024 at lower end of guidance.
- Restructuring charge ~$11M for personnel reductions; quarterly dividend $0.98/share.
- Elected Laurie Hylton (former Eaton Vance CFO) to Board of Directors and Audit Committee.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
FACTSET RESEARCH SYSTEMS INC reported second quarter fiscal 2024 ended February 29, 2024 results: revenue $545.9 million, net income Net income $140,940 thousand, EPS $3.65. Guidance reaffirmed.
- Period
- second quarter fiscal 2024 ended February 29, 2024
- Revenue
- $545.9 million
- Net income
- Net income $140,940 thousand
- EPS
- $3.65
- Guidance
- reaffirmed
- Result
- reported results
Exact text from the filing
uses the non-GAAP financial measures. --- EX-99.1 (EX-99.1) --- News Release I F or Immediate Release FactSet Reports Results for Second Quarter 2024 ◦ Q2 GAAP revenues of $545.9 million, up 6.0% from Q2 2023. ◦ Organic Q2 ASV plus professional services of $2,209.5 million, up 5.4% year over year. ◦ Q2 GAAP operating margin of 33.3%, up approximately 50 bps year
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Laurie Hylton was elected as Director at FACTSET RESEARCH SYSTEMS INC.
- Action
- elected
- Role
- Director
Exact text from the filing
On March 19, 2024, the Board of Directors of the Company elected Laurie Hylton as a director of the Company.
View on SEC.gov
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