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FactSet Research Systems (FDS) provides a global financial digital platform and enterprise data and information solutions for buy-side, sell-side, wealth management, private equity and corporate clients. Company news commonly covers quarterly results, annual subscription value trends, margins, earnings guidance and dividend actions for its common stock.
Updates also track product and platform developments, including portfolio analytics, document search, AI-enabled workflow automation for banking, and collaborations that connect FactSet data, client datasets and third-party sources. Other recurring themes include technology leadership appointments, investments in financial-technology partners, and governance actions tied to the company's data, analytics and enterprise-solutions model.
FactSet has appointed Linda S. Huber as the new Chief Financial Officer (CFO), effective early October 2021. Huber brings over 30 years of experience, including 15 years as CFO in public companies. She will oversee all financial functions, reporting to CEO Phil Snow. Huber previously held CFO roles at MSCI Inc. and Moody’s Corporation, contributing to her strong financial background. This leadership change is intended to strengthen FactSet's financial strategies as it pursues long-term growth.
FactSet (NYSE:FDS) has announced a quarterly cash dividend of $0.82 per share, set to be paid on September 16, 2021. Shareholders on record as of August 31, 2021 will receive this dividend. This move reflects the company’s commitment to delivering value to its investors while continuing to support its integrated financial information and analytical services.
FactSet (NYSE:FDS | NASDAQ:FDS), a global provider of financial information and analytical applications, will participate in the UBS Virtual Financial Services Conference on August 10, 2021. Helen Shan, CFO and Chief Revenue Officer, will engage in a fireside chat scheduled for 10:00 a.m. EDT. A live webcast will be accessible on the company's investor relations website, with a replay available for one year.
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FactSet announced the appointment of Kristina Karnovsky as Executive Vice President and Chief Product Officer, effective July 19, 2021. Reporting to CEO Phil Snow, Karnovsky will enhance the product portfolio and accelerate the go-to-market strategy utilizing her two decades of experience at FactSet. Previously, she was Senior Vice President, managing Research Solutions. Her role aims to strengthen client engagement and deliver innovative products, reaffirming FactSet's commitment to its digital strategy and client success.
FactSet (NYSE:FDS) has announced its commitment to sustainability by becoming a signatory to the UN Global Compact and the Principles for Responsible Investment (PRI). This aligns with FactSet's ongoing efforts to integrate environmental, social, and corporate governance (ESG) metrics into financial practices. CEO Phil Snow emphasized that these actions reflect the company's dedication to ethical business practices and supporting clients in their ESG initiatives. FactSet has previously engaged in significant sustainability actions, further solidifying its commitment to a responsible financial system.
FactSet has announced the acquisition of BTU Analytics, a leading provider of data and analytics in North American energy sectors including renewables, power, oil, and natural gas. The deal, which closed on July 1, 2021, aims to enhance FactSet’s deep sector content portfolio for investment professionals. Although the acquisition is not expected to significantly impact FactSet’s fiscal 2021 results, it is positioned to meet the growing demand for energy analytics. BTU's team has joined FactSet to integrate their capabilities across the energy landscape.
FactSet reported record quarterly revenue of $399.6 million for Q3 fiscal 2021, up 6.8% from $374.1 million in the same period last year. Organic revenues increased 5.9% to $397.4 million, driven by stronger sales in analytics and technology solutions. The Annual Subscription Value (ASV) plus professional services rose to $1.6 billion. However, operating margin declined to 29.5%, with diluted EPS slightly decreasing by 0.4% to $2.62. FactSet announced a 6.5% increase in quarterly dividends to $0.82.
FactSet (NYSE:FDS | NASDAQ:FDS) will announce its third quarter fiscal 2021 results on June 29, 2021, covering the period ending May 31, 2021. The financial results will be discussed in a conference call at 11:00 a.m. ET on the same day. Interested participants can join the call using provided U.S. and international numbers or via a live webcast. An archived version of the webcast will be accessible for one year on the investor relations website. FactSet continues to support over 153,000 users with its financial analytics and technology solutions.
FactSet, a global provider of financial information and analytical applications, announced that CEO Phil Snow and CFO Helen Shan will participate in a virtual fireside chat at the Barclays Americas Select Franchise Conference on May 19, 2021, at 7:00 a.m. EDT.
The event will be accessible via a live webcast and subsequent replay on their investor relations website.
FactSet provides analytics and technology to over 153,000 users, aiming to help investment professionals seize opportunities with informed insights.