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Jun 30, 2021
Morningstar Q2 2021 Earnings Report
Morningstar demonstrated strong revenue growth, profitability, and cash generation.
Key Takeaways
Morningstar's Q2 2021 financial results showcased a robust 26.7% increase in revenue, reaching $415.4 million. The company's success was driven by broad-based revenue growth and strong demand for its products and solutions. Net income was $32.9 million, or $0.76 per diluted share.
Revenue increased by 26.7% to $415.4 million.
Organic revenue grew by 16.7%.
Operating income was $47.2 million, a decrease of 23.0%.
Net income was $32.9 million, or $0.76 per diluted share.