27.09.2016 - FactSet has shown strong profit growth

The provider of information services in the financial sector FactSet reported on the results of the second quarter of this year. Thus, the profit of the company was 144.3 million dollars against 62.2 million a year earlier. Revenue increased by 9.7% to 287.3 million dollars. It is worth noting that the number of users increased by 3.3% to 65.655. According to our assessment, the company has a significant potential for growth and we maintain our medium-term positive outlook with the possibility of growth by 35-40% by the end of the year.

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