Factset Research Systems Inc. (FDS) Latest SEC 10-Q Filing: Charting Their Path To Excellence
From MarketBeat:
FactSet Research Systems Inc. is a global financial digital platform and enterprise solutions provider with nearly 8,000 clients and 207,000 investment professionals. It offers data, products, and analytical applications tailored to different firm types, and provides financial data, market intelligence, and flexible technology offerings. It has a strong presence in the Americas, EMEA, and Asia Pacific, and is committed to responsible business practices.
Executive Summary: Financials show 7.4% revenue growth in the past three years, driven by increased sales, price increases, and sales to new clients. Operating margin increased to 34.9% in the three months ended November 30, 2023, compared to 34.1% in the prior year.
Management Discussion and Analysis: The company’s strategies have been successful, with 7.2% organic revenue growth in the first quarter of fiscal 2024. They assess the company’s competitive position by offering comprehensive and flexible technology to address open technology needs.
Key Performance Indicators (KPIs): The company’s client base, investment professionals, and revenue have remained steady over the past year, in line with long-term goals. The company’s ROI is higher than its cost of capital, indicating value for shareholders.
Risk Assessment: External factors like economic downturns, changes in regulations, and technological advancements pose risks to the company’s operations and financial performance.
Corporate Governance and Sustainability: FDS does not mention board of directors information but demonstrates commitment to responsible business practices and sustainable development.
Forward Guidance: The company’s forward-looking guidance outlines the risks and uncertainties associated with its strategic initiatives in view of the increasing demand for open and flexible technologies.
This article was created using artificial intelligence technology from Klickanalytics.
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