Welcome to our dedicated page for Thomson Reuters news (Ticker: TRI), a resource for investors and traders seeking the latest updates and insights on Thomson Reuters stock.
Thomson Reuters reports developments across its content, software and technology businesses for legal, tax, audit, accounting, compliance, government and media professionals. Company news commonly covers results for its Legal Professionals, Corporates and Tax, Audit & Accounting Professionals segments, including recurring revenue trends, transaction revenue, Global Print, adjusted EBITDA, free cash flow and outlook updates.
Updates also cover products and partnerships tied to Westlaw, CoCounsel and Reuters News, along with capital actions such as dividends, share repurchases, returns of capital and share consolidation transactions. TRI news may also include investor conference appearances and shareholder voting or court approvals for corporate arrangements.
Thomson Reuters has received a binding offer from Karnov Group to purchase its Spanish legal business, specifically Editorial Aranzadi SAU. This acquisition, intended to be integrated with Wolters Kluwer's legal solutions in Spain and France, remains subject to antitrust approval in Spain. Despite this sale, Thomson Reuters plans to continue offering global content-driven technology solutions in the Spanish market. The management expresses optimism that the acquired business will thrive under Karnov’s ownership while allowing Thomson Reuters to focus on its broader service offerings.
Thomson Reuters executives Steve Hasker and Mike Eastwood will present at the JP Morgan Ultimate Services Investor Conference on November 18, 2021, at 8:55 a.m. EST in New York. The presentation is expected to include forward-looking information about the company's business and services.
A live audio webcast of the presentation will be accessible in the Investor Relations section of tr.com, with an archive of the webcast available post-event.
Thomson Reuters (TSX/NYSE: TRI) reported a 6% increase in total revenue for Q3 2021, led by strong organic growth across four business segments. The company raised its full-year revenue guidance to 4.5% - 5.0%, with free cash flow projections increased to approximately $1.2 billion. Despite revenue growth, operating profit fell 11% and adjusted EBITDA dropped 7%. The diluted loss per share stood at $0.49, attributed to a decrease in investment value. The Change Program remains on track, achieving $132 million in operating expense savings.
Thomson Reuters (NYSE, TSX: TRI) will announce its third-quarter 2021 earnings in a news release on November 2, 2021. CEO Steve Hasker and CFO Mike Eastwood will host a conference call and webcast at 8:30 a.m. EDT that same day, discussing potential forward-looking information. Investors can access the event via the Investor Relations section on Thomson Reuters' website.
Thomson Reuters (TRI) reported a 9% increase in total revenue and a 7% organic revenue growth for Q2 2021 compared to Q2 2020. The $1.532 billion in revenue was driven by strong performance across all customer segments. Adjusted EBITDA rose 5% to $502 million, though the adjusted EBITDA margin declined to 32.7%. Analysts are optimistic, with TRI raising its full-year guidance for revenue growth and free cash flow. A new $1.2 billion buyback program was also announced, despite a 14% drop in operating profit due to earlier gains from warrant revaluation.
Thomson Reuters (NYSE, TSX: TRI) will release its second-quarter 2021 earnings on August 5, 2021. A conference call and webcast will follow at 9:00 a.m. EDT, hosted by CEO Steve Hasker and CFO Mike Eastwood. The event will cover forward-looking information. Interested parties can access the webcast through the Investor Relations section of their website. An archived version will also be available.
On June 10, 2021, Thomson Reuters (TSX/NYSE: TRI) announced the results of its annual shareholder meeting, where all 14 nominees for its Board of Directors were re-elected. Notably, Steve Hasker received 99.56% of votes in favor, while David Thomson garnered 99.12%. Shareholders also re-appointed PricewaterhouseCoopers LLP as auditors and approved an advisory resolution on executive compensation. A detailed voting report has been filed with relevant regulatory authorities, ensuring transparency in the company's governance.
Thomson Reuters (TSX/NYSE: TRI) will present at the TD Securities Telecom & Media Conference on May 26, 2021, at 1:30 p.m. EDT. CEO Steve Hasker and CFO Mike Eastwood will deliver insights that may include forward-looking information. A live audio webcast of the presentation will be accessible on the Investor Relations section of tr.com, along with an archived version afterward. Thomson Reuters is a leading provider of news and information-based tools for professionals, focusing on legal, regulatory, and tax updates.
Thomson Reuters (TSX/NYSE: TRI) announced that CEO Steve Hasker and CFO Mike Eastwood will present at the Barclays Americas Select Conference on May 18, 2021, at 10:00 a.m. EDT. The presentation will cover forward-looking information. A live audio webcast will be available in the Investor Relations section of their website, along with an archive post-event. Thomson Reuters remains a top provider of news and information tools, focusing on legal, regulatory, and tax matters.
Thomson Reuters (TSX/NYSE: TRI) reported strong Q1 results for 2021, with revenues of $1,580 million, a 4% increase from 2020, and operating profit rising by 34% to $387 million. Diluted EPS surged to $10.13, influenced by a gain from selling its stake in Refinitiv. The company forecasts Q2 revenue growth of 5.5% to 6.5% and updated its full-year revenue outlook. However, it remains cautious due to ongoing pandemic risks. Adjusted EBITDA grew 16%, reaching $558 million, reflecting improved revenue and cost reductions.