MSCI - MSCI CEO Hails Decade of Growth Record Q4 Earnings Signal Strong Future for Investment Giant | Benzinga
MSCI Inc (NYSE:MSCI) reported fourth-quarter FY23 revenue growth of 19.8% year-on-year to $690.11 million, beating the consensus of $662.74 million. The adjusted EPS of $3.68 beat the consensus of $3.29.
The total run-rate at December 31, 2023, rose 15.8% Y/Y to $2.69 billion. The organic recurring subscription run rate growth was 9.9%. The retention rate was 93.6% compared to 93.0% last year.
Index operating revenues of the investment research firm rose 17.8% Y/Y to $388 million, aided by ...