TRI:CC - Thomson Reuters Non-GAAP EPS of $0.82 beats by $0.02 revenue of $1.74B beats by $10M
2023-05-02 06:44:30 ET
- Thomson Reuters press release ( NYSE: TRI ): Q1 Non-GAAP EPS of $0.82 beats by $0.02 .
- Revenue of $1.74B (+4.2% Y/Y) beats by $10M .
- Total company revenue up 4% / organic revenue up 6%
- Organic revenue up 7% for the "Big 3" segments (Legal Professionals, Corporates and Tax & Accounting Professionals)
- Total company revenue up 4% / organic revenue up 6%
- Based on Q1 performance, maintained full-year 2023 organic revenue and adjusted EBITDA margin outlook
- The company expects its second-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 $0.82 beats by $0.02, revenue of $1.74B beats by $10M