Factset Resh Sys Inc Stock Price, News & Analysis

FactSet (NYSE:FDS) reported a 6% revenue growth for Q2 FY2021, amounting to $391.8 million, up from $369.8 million the previous year. The growth was driven by higher sales of analytics and content technology solutions. Organic revenues increased 4.9%. The company's Annual Subscription Value (ASV) reached $1.6 billion, representing a 5.5% growth rate. Diluted EPS rose 8.7% to $2.50, with an adjusted EPS of $2.72. The operating margin improved to 29.6%, and share repurchase program increased to $350 million.

FactSet has launched the Truvalue Labs SDG Monitor, providing a real-time overview of corporate alignment with the UN Sustainable Development Goals (SDGs). This innovative tool allows investors to assess over 21,000 companies globally, utilizing data from more than 100,000 sources in 13 languages. The SDG Monitor offers a unique perspective by considering both positive and negative corporate impacts, aiding better data access for social and environmental factors. The tool is free to use and structured as a public service, reinforcing FactSet’s commitment to filling significant data gaps in ESG evaluation.

FactSet (NYSE:FDS) will release its financial results for the second quarter of fiscal 2021, ending February 28, 2021, on March 30, 2021. A conference call to discuss the results will take place at 11:00 a.m. ET on the same day. Investors can participate via phone or through a webcast. The company provides integrated financial information and analytical applications to over 138,000 users globally, and highlights its recognition for LGBTQ+ inclusion through the Human Rights Campaign's Corporate Equality Index.

FactSet (NYSE:FDS, NASDAQ:FDS) has been chosen as the primary market data and technology provider for Royal Bank of Canada’s (RBC) wealth management division, deploying its solutions to over 8,000 professionals across North America.

The multi-year agreement includes FactSet's web-based workstation, the Advisor Dashboard, and integration of key news services. This partnership reflects a growing demand for sophisticated data in wealth management, especially post-COVID-19, positioning RBC as a market leader in adopting innovative technology.

FactSet (NYSE:FDS) has launched an integration for Microsoft Teams, allowing users to access its financial news and data directly within the platform. This service is available to over 115 million active Teams users, enabling them to receive notifications on market-moving events and conduct searches for company information without leaving Teams. Clients of FactSet will enjoy additional functionality, including detailed financial data and an 'answer' feature for common queries. The integration aims to improve collaboration and streamline workflows for FactSet clients who utilize Teams.

FactSet (NYSE:FDS) has announced a quarterly cash dividend of $0.77 per share, which will be distributed on March 18, 2021, to shareholders on record as of February 26, 2021. This regular dividend payment reflects the company's commitment to returning value to shareholders. As a leading provider of financial information and analytics, FactSet serves over 138,000 users globally, helping investment professionals with insights and workflow solutions.