Thomson Reuters (TSE:TRI) has released an update.
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Thomson Reuters reported an 8% increase in third-quarter revenue for 2024, driven by strong performance in its ‘Big 3’ segments: Legal Professionals, Corporates, and Tax & Accounting Professionals. Despite the revenue growth, operating profit decreased by 6% due to increased costs from growth investments and acquisitions. The company also highlighted its commitment to innovation, with significant investments in AI and strategic acquisitions to enhance its GenAI tools for professionals.
For further insights into TSE:TRI stock, check out TipRanks’ Stock Analysis page.
