Factset Research ( (FDS) ) has released its Q1 earnings. Here is a breakdown of the information Factset Research presented to its investors.
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FactSet Research Systems Inc., a global financial digital platform and enterprise solutions provider, specializes in delivering financial data, analytics, and open technology to a diverse client base, including wealth managers and institutional asset managers.
FactSet announced its first-quarter fiscal 2025 results, showcasing a 4.9% increase in GAAP revenues to $568.7 million and a modest rise in diluted EPS. The company maintained a robust pipeline, highlighted by its strategic initiatives, including acquisitions and partnerships.
Key financial metrics for the quarter revealed a 4.7% growth in organic revenues and a slight decline in the GAAP operating margin to 33.6%. Adjusted diluted EPS saw a significant increase of 6.1% from the previous year, attributed to revenue growth and operational efficiencies. The company’s ASV grew by 4.5%, driven by the wealth management and institutional asset management sectors.
Looking forward, FactSet reaffirms its fiscal 2025 outlook, projecting steady growth in ASV and revenues, while focusing on innovation and client-centric solutions. The management remains committed to its growth initiatives and operational discipline, ensuring sustainable performance in the financial sector.
