FactSet's annual subscription value grew 7%, beating its own target, and it won major new client deals. Growth is expected to slow to 5%–6.5% next year, but profit margins are expected to rise.
More clients are choosing FactSet's data and banking tools, supporting continued sales. Growth is expected to slow next year, but expected margin gains and strong client wins keep the report positive.
Follow FactSet Research Systems (FDS) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for FDS