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 Research Systems Inc（紐交所:FDS）報告第三財季2024年銷售額同比增長4.3％，爲55270.8萬美元，略低於分析師一致預測的55271.2萬美元。
Organic revenue rose 4.5% Y/Y to $553.43 million, aided by institutional asset managers, asset owners, partners, and corporates.
有機收入同比增長4.5％，達到5.5343億美元，得益於機構資產管理人、資產所有者、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.
調整後的EPS爲4.37美元，超過分析師共識預期的3.90美元。公佈後股價上漲。
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，客戶數量爲8029，過去三個月淨增加9個客戶，主要來源於財富、公司和合作夥伴。該計數包括ASV爲10,000美元及以上的客戶。
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.
調整後的營業利潤率提高到39.4％（同比增長340個點子）。調整後的EBITDA增加至2.399億美元，同比增長16.9％，由於營業收入增加。
The company held $522.03 million in cash and equivalents as of May 31, 2024.
截至2024年5月31日，該公司持有現金及現金等價物5.2203億美元。
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."
首席執行官Phil Snow表示：“我們對未來保持樂觀的展望，繼續投資於我們的平台，並利用生成式人工智能的力量，加速我們客戶的效率並降低其總擁有成本。”
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將2024財年收入展望修正爲21.8億美元至21.9億美元（之前爲22億美元至22.1億美元），調整後的EPS爲16.00美元至16.40美元（之前爲15.60美元至16.00美元），預估中值爲15.98美元。
The company revised adjusted operating margin guidance to 37.0% – 37.5% (prior 36.3% – 36.7%).
該公司將調整後的營業利潤率指導範圍修訂爲37.0％至37.5％（之前爲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股票在過去12個月中下跌了近4％。投資者可以通過整體股市指數etf-vanguard（紐交所：VTI）和中盤股etf-vanguard（紐交所：VO）獲得該股票的份額。
Price Action: FDS shares traded higher by 3.92% at $424.35 premarket at the last check Friday.
股價表現：FDS股價於上週五最後一次檢查時預市上漲3.92％，報424.35美元。
