secwatch.observer — SEC 8-K summary
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Issuer:     Morningstar, Inc. (MORN)
CIK:        0001289419
Form:       8-K
Filed at:   2023-02-24T23:59:59+00:00
Accession:  0001104659-23-025199
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Morningstar Q4 EPS $0.08 (-93.8%); revenue $475M; full-year EPS $1.64 (-63.1%)
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- Q4 revenue $475.0M (+2.8% reported, +2.2% organic); operating income $35.5M (-52.5%).
- Q4 diluted EPS $0.08 vs $1.30; adjusted diluted EPS $0.58 vs $1.50 (-61.3%).
- Full-year revenue $1.9B (+10.1%); operating income $167.8M (-34.7%); adjusted operating income $298.9M (-17.7%).
- Full-year diluted EPS $1.64 vs $4.45; adjusted diluted EPS $3.87 vs $6.36 (-39.2%).
- Agreed to terminate MJKK license for ~$60M; tender offer for up to 10M MJKK shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289419/000110465923025199/0001104659-23-025199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289419/000110465923025199/tm237750d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-025199

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