TRI - Thomson Reuters Non-GAAP EPS of $0.73 beats by $0.07 revenue of $1.76B in-line
- Thomson Reuters press release ( NYSE: TRI ): Q4 Non-GAAP EPS of $0.73 beats by $0.07 .
- Revenue of $1.76B (+2.9% Y/Y) in-line.
- 2023 Outlook: The company is maintaining its 2023 outlook for organic revenue growth and adjusted EBITDA margin but has updated select other performance measures. The company's updated outlook for 2023 in the table below assumes constant currency rates and incorporates the recent SurePrep acquisition and fourth-quarter 2022 divestitures but excludes the impact of any future acquisitions or dispositions that may occur during the year. Thomson Reuters believes that this type of guidance provides useful insight into the anticipated performance of its businesses.
The company expects its first-quarter 2023 organic revenue growth rate to be at the low end of the full year 5.5% - 6.0% range, and its adjusted EBITDA margin to be approximately 38%.
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Thomson Reuters Non-GAAP EPS of $0.73 beats by $0.07, revenue of $1.76B in-line