MSCI Surpasses Expectations in Q1
(NYSE:MSCI), a global leader in providing investment decision support tools, announced its financial results for the first quarter on April 22. The company reported robust performance, with both earnings per share (EPS) and revenue exceeding analysts' expectations. Adjusted non-GAAP EPS was $4.00, surpassing the forecast of $3.92. Revenue reached $745.8 million, exceeding the anticipated $743 million. The results reflect solid execution across MSCI's business segments, despite broader market dynamics that impacted specific product segments.
Source: Analysts' estimates for the quarter provided by FactSet.
MSCI is a comprehensive service provider focused on creating tools that help investors make more informed decisions. Its suite includes indexes and portfolio risk and performance analytics, spanning stocks, bonds, hedge funds, and more. It emphasizes recurring revenue through subscriptions, which made up the majority of sales in 2024.
Source Fool.com
MSCI Inc. A Stock
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