Solid Start to Fiscal 2025
Organic ASV grew by 4.5% year-over-year, and the company achieved an adjusted operating margin of 37.6% with an adjusted diluted EPS of $4.37.
Positive Momentum and Client Engagement
Retention rates were high, with ASV retention over 95% and client retention at 91%. The client base grew to almost 8,250, with user count increasing over 218,000.
Strong Regional Performance
The Americas grew by 5%, EMEA by 4%, and Asia Pacific maintained a 7% growth, demonstrating diversified regional strength.
Technological Advancements and AI Integration
The launch of the Intelligent Platform initiative and the gen AI-powered Pitch Creator offering are seeing traction, with customer feedback being positive.
Successful M&A Activity
The acquisition of Irwin was completed, aiming to enhance FactSet's ability to cater to Investor Relations professionals.