MSCI Reports Q3 Non-GAAP EPS and Revenue Beats
MSCI Inc. (NYSE: MSCI) reported third-quarter results that exceeded expectations, with a non-GAAP earnings per share of $5.11, surpassing estimates by $0.08. The company's revenue reached $892 million, up 12.4% year-over-year and beating forecasts by $3.36 million. The growth in operating revenues was driven primarily by an increase in asset-based fees, which contributed $49.1 million to the overall rise of $98.6 million compared to last year. Organic revenue growth stood at 12.3%, reflecting strong performance across its core business segments.
Tickers: $MSCI
Topics: Earnings Revenue Growth