FactSet Research Systems


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SKU: FDS-1 Category:


FactSet Research Systems delivered a positive result and managed an all-around beat in the quarter, achieving a 7.1% year-over-year growth in organic ASV plus professional services. Despite concluding the quarter with nearly 8,000 clients and 24 new logos, FactSet acknowledged challenges in lengthening sales cycles and restricted client budgets due to lower deal-making volume, layoffs, and geopolitical uncertainties. To navigate these challenges, FactSet’s management announced the implementation of a cost-reduction program in the second quarter of FY ’24. This initiative aims to support investments in multiyear projects such as deep sector and real-time solutions while accelerating strategic investments in AI. FactSet’s commitment to innovation was highlighted with the beta release of FactSet Mercury, a conversational AI interface that utilizes natural language for information requests and offers enhanced user interaction. This, along with other AI initiatives, underscores FactSet’s dedication to improving client efficiency and sustaining growth across its diverse product offerings. In conclusion, despite near-term challenges, FactSet’s management expresses confidence in its strategic direction and the business’s overall health. The sustained demand for high-value products, evidenced by marquee wins and increasing interest from global firms, positions FactSet optimistically for the opportunities ahead.


⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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