FactSet Reports Impressive Q3 Growth, CEO Highlights AI Investment for Boosting Client Efficiency
FactSet Reports Impressive Q3 Growth, CEO Highlights AI Investment for Boosting Client Efficiency
As of May-end, the client count was 8,029, a net increase of 9 clients in the past three months, primarily driven by wealth, corporates, and partners. The count includes clients with ASV of $10,000 and more.FactSet Research Systems Inc (NYSE:FDS) reported third-quarter fiscal 2024 sales growth of 4.3% Y/Y to $552.708 million versus the analyst consensus estimate of $552.712 million.
FactSet研究系统公司（纽交所：FDS）报告了2024财年第三季度销售增长4.3％，达到5.52708亿美元，超过分析师共识预期的5.52712亿美元。
Organic revenue rose 4.5% Y/Y to $553.43 million, aided by institutional asset managers, asset owners, partners, and corporates.
有机收入同比增长4.5％，达到5.5343亿美元，得益于机构资产管理人、资产所有者、合作伙伴和公司。
Adjusted EPS of $4.37 beat the analyst consensus estimate of $3.90. The stock price gained after the print.
调整后的EPS为4.37美元，超过分析师共识预期的3.90美元。公布后股价上涨。
As of May-end, the client count was 8,029, a net increase of 9 clients in the past three months, primarily driven by wealth, corporates, and partners. The count includes clients with ASV of $10,000 and more.
截至5月底，客户数量为8029，过去三个月净增加9个客户，主要来源于财富、公司和合作伙伴。该计数包括ASV为10,000美元及以上的客户。
Adjusted operating margin improved to 39.4% (+340 bps Y/Y). Adjusted EBITDA increased to $239.9 million, up 16.9% due to higher operating income.
调整后的营业利润率提高到39.4％（同比增长340个基点）。调整后的EBITDA增加至2.399亿美元，同比增长16.9％，由于营业收入增加。
The company held $522.03 million in cash and equivalents as of May 31, 2024.
截至2024年5月31日，该公司持有现金及现金等价物5.2203亿美元。
CEO Phil Snow said, "We maintain an optimistic outlook as we further invest in our platform and harness the power of generative AI to accelerate our clients' efficiency and decrease their total cost of ownership."
首席执行官Phil Snow表示：“我们对未来保持乐观的展望，继续投资于我们的平台，并利用生成式人工智能的力量，加速我们客户的效率并降低其总拥有成本。”
FY24 Outlook: FactSet revised the fiscal 2024 revenue outlook to $2.18 billion – $2.19 billion (prior $2.20 billion – $2.21 billion) vs. $2.20 billion estimate and adjusted EPS of $16.00 – $16.40 (prior $15.60 – $16.00) vs. consensus of $15.98.
FY24展望：FactSet将2024财年收入展望修正为21.8亿美元至21.9亿美元（之前为22亿美元至22.1亿美元），调整后的EPS为16.00美元至16.40美元（之前为15.60美元至16.00美元），预估中值为15.98美元。
The company revised adjusted operating margin guidance to 37.0% – 37.5% (prior 36.3% – 36.7%).
该公司将调整后的营业利润率指导范围修订为37.0％至37.5％（之前为36.3％至36.7％）。
FDS stock lost close to 4% in the last 12 months. Investors can gain exposure to the stock via Vanguard Total Stock Market ETF (NYSE:VTI) and Vanguard Mid-Cap ETF (NYSE:VO).
FDS股票在过去12个月中下跌了近4％。投资者可以通过整体股市指数etf-vanguard（纽交所：VTI）和中盘股etf-vanguard（纽交所：VO）获得该股票的份额。
Price Action: FDS shares traded higher by 3.92% at $424.35 premarket at the last check Friday.
股价表现：FDS股价于上周五最后一次检查时预市上涨3.92％，报424.35美元。