FactSet Research Systems: How Is It Dealing With The Risk of Aligning With Evolving Data Demands & Other Challenges?

FactSet, a global financial data and software company, recently disclosed its fourth quarter and full-year fiscal 2024 results. The company reported an annual organic ASV plus professional services growth of $104 million or 4.8%, a figure aligning with its forecasts. Its total annual revenue climbed to $2.2 billion while adjusted operating margin improved to 37.8%, and adjusted earnings per share (EPS) increased to $16.45, evidencing a 12.3% growth. These results surpassed the company’s most recent expectations, hinting at efficient operational performance despite prevailing economic uncertainties.