FactSet posts Q4 net income rise
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.
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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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