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Jun 30, 2022
Morningstar Q2 2022 Earnings Report
Reported strong second-quarter revenue growth, highlighting continued momentum across the business.
Key Takeaways
Morningstar's second-quarter revenue increased by 13.2% to $470.4 million. Organic revenue grew by 15.8%, driven by licensed-based areas. Net income was $30.1 million, or $0.70 per diluted share.
Revenue for the period increased 13.2% to $470.4 million.
Organic revenue increased 15.8% compared with the prior-year period.
Second-quarter operating income was $53.9 million, an increase of 14.2% compared with the prior-year period.
Net income in the second quarter of 2022 was $30.1 million, or $0.70 per diluted share.
Forward Guidance
No specific forward guidance provided in the press release.
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