TRI - Thomson Reuters Reports Mixed Q3 Results With Strong Performance In 'Big 3' Segments And Growing Confidence In AI Opportunities | Benzinga
Thomson Reuters Corp (NYSE: TRI) reported third-quarter FY23 revenue growth of 1% year-on-year to $1.59 billion, missing the consensus of $1.61 billion.
The business information services provider's adjusted EPS of $0.82 beat the consensus of $0.71.
Organic revenues increased by 6%, driven by recurring revenues.
The "Big 3" segments (Legal Professionals, Corporates, and Tax & Accounting Professionals) collectively comprised 80% of total revenues and reported organic revenue growth of 7%.
Legal Professionals' ...