FactSet Q1 Earnings Top Consensus; Reaffirms FY22 Outlook

FactSet Q1 Earnings Top Consensus; Reaffirms FY22 Outlook
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FactSet Research Systems Inc reported first-quarter FY22 revenue growth of 9.4 percent year-on-year to $424.7 million, beating the consensus of $419.1 million.

Higher sales of analytics and research and advisory solutions drove the growth. Organic revenues grew 9.1 percent Y/Y to $423.2 million.