FactSet Q4 2022 Earnings Report
Key Takeaways
FactSet's Q4 2022 GAAP revenues reached $499.3 million, a 21.2% increase from Q4 2021, with organic revenue growing by 9.8%. The GAAP diluted EPS increased by 2.3% to $2.69, and the adjusted diluted EPS rose by 8.7% to $3.13. The company's ASV plus professional services reached $2.0 billion.
GAAP revenues increased 21.2% to $499.3 million for the fourth quarter of fiscal 2022.
Organic revenue grew 9.8% to $452.5 million during the fourth quarter of fiscal 2022.
Organic ASV plus professional services was $1.8 billion at August 31, 2022, up 9.3% year over year.
GAAP diluted earnings per share (EPS) increased 2.3% to $2.69.
FactSet
FactSet
FactSet Revenue by Geographic Location
Forward Guidance
FactSet is providing its outlook for fiscal 2023, expecting organic ASV plus professional services to increase in the range of $150 million to $180 million, GAAP revenues are expected to be in the range of $2,100 million to $2,115 million.
Positive Outlook
- Organic ASV plus professional services is expected to increase in the range of $150 million to $180 million during fiscal 2023.
- GAAP revenues are expected to be in the range of $2,100 million to $2,115 million.
- GAAP operating margin is expected to be in the range of 30.0% to 31.0%.
- Adjusted operating margin is expected to be in the range of 34% to 35%.
- GAAP diluted EPS is expected to be in the range of $12.70 to $13.10.
Revenue & Expenses
Visualization of income flow from segment revenue to net income