
MSCI reported strong financial results for the third quarter of 2024, achieving operating revenues of $724.7 million, a 15.9% increase year-over-year. The company also noted a 15.4% rise in recurring subscription revenues and a 19.5% increase in asset-based fees. Operating margins stood at 55.4%, while adjusted EBITDA margins reached 62.2%. Diluted earnings per share (EPS) were reported at $3.57, reflecting a 9.2% growth. This performance marks the 15th consecutive quarter of double-digit growth in MSCI's recurring revenue segment, driven by heightened demand for financial products, particularly in ESG and indexing. The CEO highlighted this quarter as the best-ever for recurring sales in Index and Analytics.
Equinix Posts 87th Straight Quarter of Revenue Growth https://t.co/O9oyiImZmh
Clearbridge on MSCI $MSCI US Thesis: MSCI’s strong market position in ESG and indexing, combined with recurring revenue and robust demand, positions it for sustained profit growth. (Extract from their Q3 letter) https://t.co/IRdKcFYar8
MSCI has now delivered 15 quarters in a row of double-digit growth in its Recurring Subscriptions segment. $MSCI https://t.co/OQh9o3rUGQ






