FactSet grows subscriptions but reports lower quarterly GAAP earnings
FactSet ($FDS) reported fourth-quarter revenue of $634.7 million, up 6.3%, while organic annual subscription value rose 7% to approximately $2.57 billion. Adjusted earnings per share climbed 11.6% to $4.52, helped by revenue growth and a smaller share count. Reported EPS nevertheless declined to $3.41 from $4.03 as compensation, restructuring and other items weighed on profitability. The results show continuing demand for financial data and AI-enabled services, but also pressure on the cost base
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