secwatch.observer — SEC 8-K summary
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Issuer:     Morningstar, Inc. (MORN)
CIK:        0001289419
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001289419-24-000025
Event type: earnings
Sentiment:  positive
Materiality: 0.82
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Morningstar Q1 revenue +13.2% to $543M; adj EPS $1.73 vs $0.56
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- Revenue $542.8M, +13.2% reported, +12.9% organic YoY.
- Diluted EPS $1.49 vs $(0.18); adjusted diluted EPS $1.73 vs $0.56 (+208.9%).
- Operating income $92.6M vs $24.5M; adjusted op income $110.8M, +113.9%.
- Free cash flow $59.5M vs negative $6.1M; cash from ops $93.6M, +300%.
- Morningstar Credit revenue +28.8% led rebound; PitchBook +12.6% with user growth 10.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289419/000128941924000025/0001289419-24-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289419/000128941924000025/morn-20240424.htm
  HTML page:      https://secwatch.observer/filing/0001289419-24-000025

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