The company said its revenues for the 3 months ended May 31, 2024 increased 4.3% to $552.7 million. The company said organic revenues grew 4.5%, and it cited foreign currency exchange rate fluctuations as a 0.2% decrease factor.

1. 01

   The company said its revenues for the 3 months ended May 31, 2024 increased 4.3% to $552.7 million. The company said organic revenues grew 4.5%, and it cited foreign currency exchange rate fluctuations as a 0.2% decrease factor.

2. 02

   FactSet said operating income for the 3 months ended May 31, 2024 increased 17.7% to $202.5 million, and that its operating margin rose from 32.5% a year earlier to 36.6%. The company cited revenue growth and lower employee compensation costs as the factors.

3. 03

   The company said cost of services rose 2.2% to $247.0 million over the 3 months, while SG&A fell 10.9% to $103.1 million. It cited lower employee compensation costs as the driver of the SG&A decrease.

4. 04

   The company said it returned $283.2 million to shareholders through share repurchases and dividends in the 9 months ended May 31, 2024, and repaid $187.5 million of its 2022 Term Facility. It said the repayment included $150.0 million of voluntary prepayments.

Key figures

Quarter ended May 31, 2024

Revenue

$553M

Operating income

$202M

Net income

$158M

EPS

$4.09

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.