FactSet Research Systems Inc. (NYSE:FDS) Delivers Strong Revenue Growth and Strategic AI Partnership
Revenue Growth: FactSet (NYSE:FDS) reported GAAP revenues of $611 million for Q2 2026, a 7.1% year-over-year increase, surpassing estimates.Margin and EPS Performance: Despite a decline in operating margins, adjusted diluted EPS rose by 4.2% to $4.46, while GAAP diluted EPS fell by 4.5% to $3.59.AI-Driven Innovation: FactSet announced a strategic partnership with Finster AI to enhance its AI-driven workflow automation platform, reinforcing its leadership in financial technology.FactSet Research Systems Inc. ...