secwatch.observer — SEC 8-K summary
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Issuer:     MOODYS CORP /DE/ (MCO)
CIK:        0001059556
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0001059556-23-000023
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Moody's Q1 revenue $1.5B (-3% YoY); MA up 6%, MIS down 11%; FY guidance updated
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- Revenue $1.5B (-3% YoY); MA $737M (+6%), MIS $733M (-11%) on weak issuance.
- Diluted EPS $2.72 (+1%), adjusted $2.99 (+3%); ETR fell to 1.0% from 18.2% on tax resolutions.
- FY2023 guidance: diluted EPS $8.45-$8.95, adjusted $9.50-$10.00; macro assumptions revised.
- Board declared $0.77 quarterly dividend payable June 9, 2023; repurchased 0.1M shares at $297.90.
- MA ARR grew 10% to $2.8B; recurring revenue 94% of total; customer retention mid-90s.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1059556/000105955623000023/0001059556-23-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1059556/000105955623000023/mco-20230425.htm
  HTML page:      https://secwatch.observer/filing/0001059556-23-000023

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