GABF - Why Is FactSet Research Systems Stock Trading Lower Thursday? | Benzinga
FactSet Research Systems Inc (NYSE:FDS) reported second-quarter fiscal 2024 sales growth of 6.0% Y/Y to $545.95 million, marginally missing the consensus of $546.80 million.
Organic revenue rose 6.0% Y/Y to $546.13 million, aided by asset owners, corporates, hedge funds, and private equity and venture capital clients.
Adjusted EPS of $4.22 beat the consensus of $3.88. The stock price dropped after the results.
As of February 29, 2024, the client count was 8,020, a net increase of 75 clients in ...