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Mar 31, 2024
Morningstar Q1 2024 Earnings Report
Morningstar reported solid first-quarter revenue growth, driven by strength across its business.
Key Takeaways
Morningstar's Q1 2024 financial results showed a 13.2% increase in revenue to $542.8 million. Operating income increased significantly to $92.6 million, and diluted net income per share rose to $1.49. The company's free cash flow also improved, reaching $59.5 million.
Revenue increased by 13.2% to $542.8 million.
Operating income increased to $92.6 million from $24.5 million.
Diluted net income per share increased to $1.49 versus $(0.18).
Free cash flow increased to $59.5 million from negative $6.1 million.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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