2023-07-25 06:46:37 ET
- MSCI press release ( NYSE: MSCI ): Q2 Non-GAAP EPS of $3.26 beats by $0.15 .
- Revenue of $621.2M (+12.6% Y/Y) beats by $18.34M .
- The $69.4 million increase was comprised of $48.6 million in higher recurring subscription revenues and $14.9 million in higher non-recurring revenues, as well as a $5.9 million increase in asset-based fees.
- Total Run Rate at June 30, 2023 was $2,449.8 million, up 10.7%. Recurring subscription Run Rate increased by $199.3 million, and asset-based fees Run Rate increased by $37.3 million. Organic recurring subscription Run Rate growth was 11.3%. Retention Rate of 95.5% in second quarter 2023 was flat compared to second quarter 2022.
For further details see:
MSCI Non-GAAP EPS of $3.26 beats by $0.15, revenue of $621.2M beats by $18.34M