secwatch.observer — SEC 8-K summary
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Issuer:     FACTSET RESEARCH SYSTEMS INC (FDS)
CIK:        0001013237
Form:       8-K
Filed at:   2024-09-19T23:59:59+00:00
Accession:  0001013237-24-000119
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FactSet Q4 GAAP EPS $2.32 (+38%), adj EPS $3.74 (+24%); guides FY25; $300M buyback
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- Q4 GAAP revenue $562.2M (+4.9% YoY); GAAP diluted EPS $2.32 (+38.1%); adjusted diluted EPS $3.74 (+23.8%).
- Organic ASV+professional services $2,272.8M, up 4.8% YoY. FY2025 guidance: organic ASV growth 4-6%, revenue $2,285-$2,305M, adj EPS $16.80-$17.40.
- Board approved new $300M share repurchase authorization for FY2025; also reduced special meeting threshold from 50% to 25%.
- Q4 adjusted operating margin 35.8% (+240 bps YoY); GAAP operating margin 22.7% (+110 bps).
- Massachusetts sales tax dispute charge of $54M in Q4; total charge $64M; no additional material charges expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013237/000101323724000119/0001013237-24-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013237/000101323724000119/fds-20240917.htm
  HTML page:      https://secwatch.observer/filing/0001013237-24-000119

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