MSCI Q2 Earnings Impress Investors, CEO Emphasizes On Robust Client Base and Execution
MSCI Q2 Earnings Impress Investors, CEO Emphasizes On Robust Client Base and Execution
MSCI Inc (NYSE:MSCI) reported fiscal 2024 second-quarter revenue growth of 14.0% year-on-year to $707.95 million, beating the analyst consensus estimate of $696.37 million.
MSCI公司（NYSE:MSCI）報告了2024財年第二季度營收同比增長14.0％，達到707.95百萬美元，超過分析師共識預期的696.37百萬美元。
The adjusted EPS of $3.64 beat the analyst consensus estimate of $3.55. The stock price gained after the results.
每股調整後的EPS爲3.64美元，超過分析師共識預期的3.55美元。公告後該公司股價走高。
The total run-rate at June 30, 2024, rose 14.6% Y/Y to $2.81 billion. The organic recurring subscription run rate growth was 8.6%. The retention rate was 94.8% compared to 95.5% last year.
2024年6月30日，總區間達到28.1億美元，同比增長14.6％。有機複雜訂閱區間增長8.6％。留存率爲94.8％，低於去年的95.5％。
The investment research firm's index operating revenues rose 9.6% year over year to $397.2 million, aided by higher recurring subscription revenues and asset-based fees.
這家投資研究公司的指數營收同比增長9.6％，達到397.20百萬美元，得益於高複雜訂閱營收和基於資產的費用。
Analytics operating revenues increased 10.8% Y/Y to $166.0 million, driven by higher recurring subscription revenues from Equity and Multi-Asset Class Analytics products.
分析營收同比增長10.8％，達到166.00百萬美元，得益於股票和多資產類分析產品的高複雜訂閱營收。
ESG and Climate operating revenues grew 12.1% year over year to $79.9 million, driven by solid growth in Ratings, Screening, and Climate products.
ESG和氣候運營營收同比增長12.1％，達到799.00百萬美元，得益於評級、篩選和氣候產品的強勁增長。
All Other – Private Assets operating revenues improved 72.0% Y/Y to $64.9 million.
其他板塊-私募資產的運營營收同比增長72.0％，達到649.00百萬美元。
Margin: The operating margin declined from 55.7% to 54.0%. The adjusted EBITDA margin was stable at 60.7%.
利潤率：營業利潤率從55.7％下降至54.0％。調整後的EBITDA利潤率保持不變，爲60.7％。
MSCI generated $321.9 million in free cash flow and held $451.4 million in cash and equivalents as of June 30, 2024.
MSCI生成了3,219.00萬美元的自由現金流，並持有4,514.00萬美元的現金及等價物截至2024年6月30日。
Dividend: The board declared a dividend per share of $1.60 for the third quarter.
股息：董事會宣佈每股股息爲1.60美元，適用於第三季度。
"MSCI's second quarter results demonstrate the strength of our all-weather franchise, our blue-chip client base, our wide range of solutions, and our relentless focus on execution," said Henry A. Fernandez, Chairman and CEO of MSCI.
“MSCI的第二季度業績展示了我們全天候的特許經營、優秀的客戶群、廣泛的解決方案和我們對執行的無限關注。” MSCi董事長兼首席執行官Henry A. Fernandez表示。
FY24 Outlook: MSCI expects operating expense of $1.305 billion – $1.345 billion (prior $1.30 billion – $1.34 billion), reiterated capex of $95 million – $105 million, and free cash flow of $1.225 billion – $1.285 billion.
FY24前景：MSCI預計營業費用爲13.05億至13.45億美元（之前的預計範圍爲13億至13.4億美元），重申11,000萬至1.15億美元的資本支出，並預計自由現金流爲12.25億至12.85億美元。
The fiscal revenue and adjusted EPS consensus are $2.83 billion and $14.70.
該財年的營收和調整後的EPS共識預期爲28.3億美元和14.70美元。
Price Action: MSCI shares traded higher by 7.46% at $543.77 at the last check on Tuesday.
股票交易：截至週二最後交易日，MSCI股價上漲了7.46％，到達543.77美元。