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home / news releases / FDS - FactSet Research Systems: Poor Outlook For FY24 And Likely FY25

FDS - FactSet Research Systems: Poor Outlook For FY24 And Likely FY25

FactSet Research Systems Inc.

2024-04-03 22:37:42 ET

Summary

  • FactSet Research Systems is facing challenges in FY24 and likely FY25, leading to a poor near-term outlook.
  • The company's revenue growth in 2Q24 was below expectations, and the business outlook continues to be challenging.
  • FDS is facing competition from AI and is forced to provide discounts to win deals, leading to pricing pressure and a weak operating margin.

Summary

For further details see:

FactSet Research Systems: Poor Outlook For FY24, And Likely FY25
Stock Information
Company Name: FactSet Research Systems Inc.
Stock Symbol: FDS
Market: NYSE
Website: factset.com
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