TheTrueIsOutThere
10-29

$MSCI Inc(MSCI)$ 

Bullish πŸš€πŸš€πŸš€

Operating revenues of $724.7 million, up 15.9%; Organic operating revenue growth of 11.1%

Recurring subscription revenues up 15.4%; Asset-based fees up 19.5%

Operating margin of 55.4%; Adjusted EBITDA margin of 62.2%

Diluted EPS of $3.57, up 9.2%; Adjusted EPS of $3.86, up 11.9%

Organic recurring subscription Run Rate growth of 8.0%; Retention Rate of 94.2%

In third quarter 2024, a total of $198.7 million or 380,397 shares were repurchased at an average repurchase price of $522.47

Approximately $125.4 million in dividends were paid to shareholders in third quarter 2024; Cash dividend of $1.60 per share declared by MSCI Board of Directors (β€œMSCI Board”) for fourth quarter 2024

On October 28, 2024, the MSCI Board authorized an additional $1.5 billion share repurchase program

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Comments

  • vibzee
    10-30
    vibzee
    That's some impressive data for $MSCI
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