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FactSet posts Q4 net income rise

21 September 2010  |  1965 views  |  0 Source: FactSet Research Systems

FactSet Research Systems (NYSE:FDS) (Nasdaq:FDS), a leading provider of integrated global financial information and analytical applications for the investment community, today announced its results for the fourth quarter of fiscal 2010.

For the quarter ended August 31, 2010, revenues were $168.2 million, up 8% compared to the prior year. Operating income for the fourth quarter increased to $57.4 million, a rise of 6% from $54.4 million in the same period of fiscal 2009. Net income advanced to $39.3 million as compared to $36.3 million a year ago. Diluted earnings per share increased to $0.83, up 12% from $0.74 in the same period of fiscal 2009. The fourth quarter of fiscal 2010 included revenues of $3.9 million from the acquisition of Market Metrics on June 1, 2010. Included in this quarter's EPS were income tax benefits of $0.01 per share from higher levels of non-U.S. taxable income.

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