Licensing deals, litigation raise raft of familiar questions in fraught world of platforms and publishers cjr.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cjr.org Daily Mail and Mail on Sunday newspapers.
The Toronto-based news and information provider raised its annual total revenue forecast as a result of its first quarter performance and now expects it to rise by between 6.5% and 7%, up from 6.5%
Thomson Reuters Corp reported Q1 2024 revenue growth of 8%, beating analyst consensus, with adjusted EPS of $1.11. The stock gained, driven by 9% organic revenue growth. CEO is confident in their AI product roadmap. Outlook is $7.24-$7.27 billion. Stock up 17% in last 12 months.
May 2 - Thomson Reuters beat revenue
expectations and raised its annual financial forecast on
Thursday as it continued to invest heavily in artificial
intelligence. The... -May 02, 2024 at 06:34 am EDT
- MarketScreener
Thomson Reuters Raises 2024 Forecast on First Quarter Performance usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Thomson Reuters lifts 2024 forecast on first quarter revenue result saltwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltwire.com Daily Mail and Mail on Sunday newspapers.
Thomson Reuters Corp (NYSE: TRI) reported fiscal first-quarter 2024 revenue growth of 8% year-on-year to $1.89 billion, beating the analyst consensus of $1.86 billion. The business information services provider’s adjusted EPS of $1.11 beat the analyst consensus of $0.95. The stock price gained after the print. Organic revenues increased by 9%, driven by 9% growth in recurring revenues (76% of total revenues). The “Big 3” segments (Legal Professionals, Corporates, and Tax & Accounting Professiona