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Stock impact report

MSCI Reports Financial Results for First Quarter 2020

MSCI Inc (MSCI) 
Last msci inc earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.msci.com
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--MSCI Inc. (“MSCI” or the “Company”) (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today its financial results for the three months ended March 31, 2020 (“first quarter 2020”).Financial and Operational Highlights for First Quarter 2020(Note: Percentage and other changes are relative to the three months ended March 31, 2019 (“first quarter 2019”) unless otherwise noted).Operating revenues of $416.8 million, up 12.2%Recurring subscription revenues up 7.8%; Asset-based fees up 22.5%Operating margin of 49.9%; Adjusted EBITDA margin of 55.0%Diluted EPS of $1.73, down 16.8%; Adjusted EPS of $1.90, up 22.6%Organic subscription Run Rate growth of 10.1%; Retention rate of 95.0%During first quarter 2020 and through April 24, 2020, a total of 1.4 million shares were repurchased at an average price of $250.65 per share for a total value of $356.8 millionApproximately $57.8 million in div Show less Read more
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