Thomson Reuters Corporation (TRI) Q3 2024 Earnings Call Transcript Summary
Thomson Reuters Corporation (TRI) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the Thomson Reuters Corporation (TRI) Q3 2024 Earnings Call Transcript:
以下是汤森路透公司(TRI)2024年第三季度业绩会交易摘要:
Financial Performance:
财务表现:
Thomson Reuters reported a 7% increase in third quarter organic revenues, exceeding expectations.
Adjusted EBITDA for the quarter decreased by 4% to $609 million, with a margin decline influenced by investments in AI.
Legal Professionals organic revenue grew 7%, driven by GenAI-enabled products like Westlaw Precision and CoCounsel.
汤森路透报告第三季度有机营收增长了7%,超出预期。
本季度调整后的税息折旧及摊销前利润(EBITDA)下降了4%,至60900万美元,利润率下降受到在人工智能方面的投资影响。
法律专业人士的有机收入增长了7%,这得益于GenAI技术产品的推动,例如Westlaw Precision和CoCounsel。
Business Progress:
业务进展:
Thomson Reuters is accelerating investments in Generative AI, expecting to spend over $200 million annually for the next few years.
Launched CoCounsel 2.0 and introduced advanced features in AI-driven tools like Checkpoint Edge with CoCounsel and the Claims Explorer tool in Westlaw Precision.
Made strategic acquisitions such as Safe Sign Technologies and Materia to boost its AI capabilities.
汤森路透正在加速在生成式人工智能方面的投资,预计未来几年每年的支出将超过20000万美元。
推出了CoCounsel 2.0,并在基于人工智能的工具上引入了高级功能,例如具有CoCounsel的Checkpoint Edge和Westlaw Precision中的Claims Explorer工具。
进行了战略收购,如Safe Sign Technologies和Materia,以增强其人工智能能力。
Opportunities:
机会:
Generative AI offerings in products like Westlaw Precision and CoCounsel continue to gain traction.
The divestiture of the FindLaw business allows Thomson Reuters to focus more on its core offerings of content-enabled technology for legal professionals.
产品中的生成式人工智能产品,如Westlaw Precision和CoCounsel,继续获得增长。
出售了FindLaw业务,使汤森路透能够更专注于其面向法律专业人士的内容启用技术核心产品。
Risks:
风险:
Investments in AI and related acquisitions are expected to increase operating costs, impacting profitability in the short term.
Global Print revenue continues to decline as expected, part of a broader industry trend away from print media.
对人工智能的投资和相关收购预计将增加营运成本,从而对短期盈利能力产生影响。
作为预期的一部分,全球打印收入继续下降,这是从印刷媒体转型为更广泛行业趋势的一部分。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:如需更全面的详情,请参阅投资人关系网站。本文仅供投资者参考,不作任何指引或建议。