21 February 2018
visit www.nextgenbanking.co.uk/

Brief: Q1 revenues down at Thomson Financial

01 May 2003  |  3980 views  |  0 Brief: Q1 revenues down at Thomson Financial

Thomson Financial is reporting a six per cent decline in first quarter revenue and flat earnings compared to a year earlier, as market weaknesses continue to depress bank and brokerage customer spending.

The company says revenues declined 6% to $383 million for the three months ending March 2003, while EBITDA was comparable to the first quarter of 2002 at $94 million.

In a statement, the company says: "Thomson Financial businesses, particularly in the banking and brokerage sector, continued to be affected by ongoing weakness in the global financial services industry."

The company says it made good progress in providing integrated workflow solutions to its global customers, despite the challenging market conditions.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Ryan Beck signs five year contract for Reuters Plus

Ryan Beck signs five year contract for Reuters Plus

01 May 2003  |  3932 views  |  0 comments
Iona's Orbix delivers FIX connectivity to Thomson's OTEQ platform

Iona's Orbix delivers FIX connectivity to Thomson's OTEQ platform

30 April 2003  |  3764 views  |  0 comments
Thomson Financial launches Thomson Deals

Thomson Financial launches Thomson Deals

28 April 2003  |  3766 views  |  0 comments
Reuters shares bounce on Q1 results

Reuters shares bounce on Q1 results

16 April 2003  |  4470 views  |  0 comments
Thomson Financial upgrades Vestek risk tool and interface

Thomson Financial upgrades Vestek risk tool and interface

03 April 2003  |  3705 views  |  0 comments
Thomson Financial adds Moody's credit ratings to Thomson One Analytics

Thomson Financial adds Moody's credit ratings to Thomson One Analytics

26 March 2003  |  6081 views  |  0 comments
Bear, Stearns & Co contracts with Thomson for earnings data

Bear, Stearns & Co contracts with Thomson for earnings data

20 March 2003  |  8162 views  |  0 comments
Thomson rolls out First Call successor

Thomson rolls out First Call successor

17 March 2003  |  4002 views  |  0 comments
Reuters crashes below 100 pence a share level; knocks Thomson off GKM

Reuters crashes below 100 pence a share level; knocks Thomson off GKM

12 March 2003  |  7302 views  |  0 comments
Thomson Financial wins five year RBC Investments deal

Thomson Financial wins five year RBC Investments deal

12 March 2003  |  4736 views  |  0 comments
Thomson Financial hires Debra Walton as global MD, investment banking

Thomson Financial hires Debra Walton as global MD, investment banking

11 March 2003  |  6410 views  |  0 comments
Reuters steals positions from Thomson with new Fahnestock contract

Reuters steals positions from Thomson with new Fahnestock contract

06 March 2003  |  5055 views  |  0 comments
Former Reuters man Gandy to direct European sales for Thomson

Former Reuters man Gandy to direct European sales for Thomson

03 March 2003  |  6046 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit https://www.capgemini.comvisit www.ebaday.comRegister for the webinar

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11950 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9719 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9462 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
8227 views comments | 13 tweets | 12 linkedin
FCA explores creation of global sandboxFCA explores creation of global sandbox
7480 views comments | 19 tweets | 18 linkedin

Featured job

Find your next job