FactSet Research Systems

FactSet Research Systems Inc. (the Company or FactSet) is a global provider of integrated financial information, analytical applications and services for the investment and corporate communities. Since inception, global financial professionals have utilized the Company's content and multi-asset class solutions across each stage of the investment process. FactSet's goal is to provide a seamless user experience spanning idea generation, research, portfolio construction, trade execution, performance measurement, risk management, reporting, and portfolio analysis, in which the Company serves the front, middle, and back offices to drive productivity and improved performance. FactSet's flexible, open data and technology solutions can be implemented both across the investment portfolio lifecycle or as standalone components serving different workflows in the organization. FactSet is focused on growing the business throughout each of its three segments, the Americas, EMEA (formerly known as Europe), and Asia Pacific. The Company primarily delivers insight and information through the workflow solutions of Research, Analytics and Trading, Content and Technology Solutions (CTS) and Wealth. FactSet currently serves financial professionals, which include portfolio managers, investment research professionals, investment bankers, risk and performance analysts, wealth advisors and corporate clients. FactSet provides both insights on global market trends and intelligence on companies and industries, as well as capabilities to monitor portfolio risk and performance and to execute trades. The Company combines dedicated client service with open and flexible technology offerings, such as a configurable desktop and mobile platform, comprehensive data feeds, an open marketplace and digital portals and application programming interfaces (APIs). The Company’s revenue is primarily derived from subscriptions to products and services such as workstations, analytics, enterprise data, and research management. FactSet Research Systems was founded by Howard E. Wille and Charles J. Snyder in September 1978 and is headquartered in Norwalk, CT.

Earnings data Q2 2021

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FactSet reports solid Q1 performance amidst cautious client spending

FactSet reports solid performance with organic ASV growth and revenue, but faces challenges from cautious client spending and a muted hiring environment. The company is optimistic about future opportunities in margin expansion, potential M&A activities, and advancements in product evolution and generative AI.

FactSet Research Systems reports robust Q2 performance amidst market challenges

FactSet's Q2 performance showcased strong growth, disciplined expense management, and strategic acquisitions. While facing challenges in market volatility, the company remains optimistic about future opportunities. With a focus on investments, margin improvement, and client-centric growth strategies, FactSet aims for sustained success.

FactSet reports solid Q3 earnings amidst market challenges and growth opportunities

FactSet Research Systems delivered solid financial performance in Q3, driven by organic ASV growth, margin expansion efforts, and strategic investments in generative AI technology.
While facing challenges from market volatility and cautious client behavior, the company remains focused on cost management, client alignment, and driving growth through product evolution and M&A opportunities.
With a diverse revenue mix, strong client relationships, and a commitment to margin expansion, FactSet is well-positioned to capitalize on opportunities in generative AI, wealth channel growth, and market recovery indicators.

FactSet reports strong fiscal 2023 performance, eyes gen AI growth

FactSet's fiscal 2023 performance reflects solid organic ASV growth and revenue, driven by strategic wins and investments in gen AI and user experience.
While facing challenges in adjusted EPS growth and cost savings realization, FactSet's strengths in gen AI, client interactions, and market optimism present growth opportunities.
With a focus on innovation, efficiency, and client-centric solutions, FactSet is poised for continued growth and market leadership in fiscal 2024 and beyond.

FactSet reports solid Q1 performance but revises FY24 guidance

FactSet's Q1 performance showcased growth in ASV and revenue, but revised guidance reflects challenges in sales cycles and client budgets. Despite market uncertainties, the company is confident in long-term growth, emphasizing efficiency gains through AI and strategic M&A opportunities.

FactSet reports solid Q2 performance amidst market challenges and opportunities

FactSet's Q2 2024 performance showed growth in ASV and EPS, but challenges in ASV retention and market conditions. The company's strengths lie in partner growth and efficiency gains from AI tools, while facing challenges in client count growth and expense management. Opportunities include cost avoidance through AI tools and a focus on margin improvement.

FactSet Reports Solid Q3 2024 Growth, Expands AI Integration

In Q3 2024, FactSet demonstrated solid financial performance and strategic growth through new client acquisitions and product enhancements. The company's focus on leveraging generative AI and expanding its market data offerings positions it well for sustained growth. FactSet remains committed to high retention rates and anticipates an organic ASV plus professional services growth rate of 4% to 5.5% for the fiscal year.

FactSet surpasses expectations in fiscal 2024, outlines growth strategies

FactSet Research Systems delivered strong financial performance in fiscal 2024, exceeding guidance and showcasing growth across regions.
The company's strategic focus on key pillars for fiscal 2025 sets the stage for continued expansion and innovation.
Challenges in expense management and segment-specific softness require attention for sustained growth and profitability.

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FactSet Research Systems Inc. (the Company or FactSet) is a global financial digital platform and enterprise solutions provider with open and flexible technologies that aims to supercharge financial intelligence. Since inception, global financial professionals have utilized the company's content and multi-asset class solutions across each stage of the investment process. FactSet's goal is to provide a seamless user experience spanning idea generation, research, portfolio construction, trade execution, performance measurement, risk management, reporting, and portfolio analysis, in which the company serves the front, middle, and back offices to drive productivity and improved performance. FactSet's flexible, open data and technology solutions can be implemented both across the investment portfolio lifecycle or as standalone components serving different workflows in the organization. FactSet is focused on growing the business throughout each of its three segments, the Americas, EMEA (formerly known as Europe), and Asia Pacific. FactSet revised its internal organization within each segment to offer data, products and analytical applications by firm type: Institutional Buyside, Dealmakers, Wealth, and Partnerships and CGS. The company believes organization by firm type better aligns with its clients, the long-term view of its business and commitment to investing for growth and efficiency. FactSet currently serves financial professionals, which include portfolio managers, investment research professionals, investment bankers, risk and performance analysts, wealth advisors and corporate clients. FactSet provides both insights on global market trends and intelligence on companies and industries, as well as capabilities to monitor portfolio risk and performance and to execute trades. The company combines dedicated client service with open and flexible technology offerings, such as a configurable desktop and mobile platform, comprehensive data feeds, an open marketplace and digital portals and application programming interfaces (APIs). The company’s revenue is primarily derived from subscriptions to products and services such as workstations, analytics, enterprise data, and research management. FactSet Research Systems was founded by Howard E. Wille and Charles J. Snyder in September 1978 and is headquartered in Norwalk, CT.

FactSet Research Systems Inc. raised its sales guidance for fiscal 2022.

FactSet raises revenue guidance for fiscal 2022

NORWALK, Conn., March 24, 2022 (GLOBE NEWSWIRE) -- FactSet ("FactSet" or the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced results for its second quarter ended February 28, 2022.

FactSet Reports Results for Second Quarter 2022

NORWALK, Conn., March 23, 2022 (GLOBE NEWSWIRE) -- FactSet Research Systems Inc. (NYSE: FDS | NASDAQ: FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced the appointment of Maria Teresa Tejada to its Board of Directors. Tejada will serve as a member of the Audit Committee.

FactSet Appoints Maria Teresa Tejada to Board of Directors

NORWALK, Conn., March 01, 2022 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications and industry-leading services, today announced the successful completion of its acquisition of CUSIP Global Services (CGS) from S&P Global Inc. for approximately $1.925 billion. The acquisition was previously announced on December 27, 2021 and will significantly expand FactSet's critical role in the global capital markets.

FactSet Completes Acquisition of CUSIP Global Services

NORWALK, Conn., Feb. 28, 2022 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that it will release its financial and operating results for the second quarter fiscal 2022, ending February 28, 2022, on Thursday, March 24, 2022. FactSet will also host a conference call to discuss these results at 11:00 a.m. eastern time on Thursday, March 24, 2022.

FactSet Schedules Second Quarter 2022 Earnings Call

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NORWALK, Conn., Feb. 23, 2022 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS) (NASDAQ:FDS) and BlackRock (NYSE:BLK) today announced that they have entered into a multi-year partnership to integrate Portware's execution management system (EMS) capabilities with the Aladdin® platform, BlackRock's end-to-end investment management and operations platform. The joint offering will provide common clients with a seamless experience across multi-asset portfolio and risk management, and trading execution, including access to Portware's high-performance electronic trading and automation capabilities via API.

FactSet and BlackRock Now Partnering to Offer Portware's EMS Capabilities with Aladdin

NORWALK, Conn., Feb. 15, 2022 (GLOBE NEWSWIRE) -- FactSet Research Systems Inc. (NYSE: FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that it has priced a registered public offering of $500,000,000 aggregate principal amount of 2.900% senior notes due 2027 and $500,000,000 aggregate principal amount of 3.450% senior notes due 2032 (the “Notes”). The Notes will be senior unsecured obligations of FactSet Research Systems Inc.

FactSet Prices $1,000,000,000 of Senior Notes

NORWALK, Conn., Feb. 15, 2022 (GLOBE NEWSWIRE) -- FactSet Research Systems Inc. (NYSE: FDS) (NASDAQ: FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, announced today the commencement of an offering of a series of five-year senior notes and a series of ten-year senior notes (collectively, the “Notes”) pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”). The Notes will be senior unsecured obligations of FactSet Research Systems Inc.

FactSet Announces Commencement of Senior Notes Offering

NORWALK, Conn., Feb. 10, 2022 (GLOBE NEWSWIRE) -- FactSet Research Systems (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that it will host an Investor Day on Tuesday, April 5, 2022, from 8:00 a.m. to 1:00 p.m. EST. The event will be dually hosted in New York City and via livestream. FactSet will provide an in-depth look into the Company's strategy, industry dynamics, growth initiatives across workflow solutions, and financial outlook. There will also be demonstrations of FactSet's broad suite of solutions across the investment lifecycle, as well as question and answer sessions.

FactSet Announces 2022 Investor Day

After losing some value lately, a hammer chart pattern has been formed for FactSet (FDS), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

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FactSet (FDS) looks strong on the back of higher organic revenues, increase in annual subscription value, strong global network and innovative portfolio.

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FactSet (FDS) reported earnings 30 days ago. What's next for the stock?

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Down 9.7% in 4 Weeks, Here's Why You Should You Buy the Dip in FactSet (FDS)

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The financial information and analysis provider FactSet announced Monday (Dec. 27) in a press release it will acquire CUSIP Global Services (CGS) from S&P Global for $1.925 billion in cash. The company said it expects to also gain an estimated tax benefit of approximately $200 million as part of the agreement, which will also “will […]

FactSet Acquires CUSIP Global Services for $1.9B

FactSet (NYSE:FDS) (NASDAQ:FDS) announced today it is buying CUSIP Global Services (CGS) from S&P Global for $1.925 billion in cash. These are the details.

Why FactSet (FDS) Is Buying CUSIP Global For $1.925 Billion In Cash

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FactSet Research Systems Inc (NYSE: FDS) agreed to acquire CUSIP Global Services (CGS) from S&P Global Inc (NYSE: SPGI) for $1.925 billion in cash.  FactSet looks to receive an estimated tax benefit of ~$200 million as part of the transaction.

FactSet To Acquire CUSIP Global Services For $1.9B Cash

FactSet Research Systems Inc. FDS, +0.44% announced Monday an agreement to buy CUSIP Global Services (CGS) from S&P Global Inc. SPGI, +0.10% for $1.925 billion in cash. FactSet said it will fund the deal through a combination of cash-on-hand and committed financing.

FactSet to pay more than $1.9 billion in cash to buy CUSIP Global Services from S&P Global

Operator of Market Standard Security Identifiers for More Than 50 Years

FactSet to Acquire CUSIP Global Services for $1.925 Billion

FactSet's (FDS) first-quarter fiscal 2022 earnings and revenues increase year over year.

FactSet's (FDS) Earnings and Revenues Beat Estimates in Q1

FactSet Research Systems Inc. (FDS) CEO Phil Snow on Q1 2022 Results - Earnings Call Transcript

FactSet (FDS) delivered earnings and revenue surprises of 8.70% and 1.25%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?

News for FactSet Research Systems Stock (FDS)