FactSet Research Systems Inc. (FDS) reported that its second-quarter net income decreased to $44.54 million or $1.00 per share from $46.75 million or $1.02 per share last year. Adjusted net income advanced 8% to $50.6 million from $46.75 million. Adjusted net income excludes the after-tax charge of $11.0 million related to the Market Metrics performance-based stock options and $4.9 million in income tax benefits from the reenactment of the U.S. Federal R&D credit. Adjusted profit per share rose 12% to $1.14 from $1.02.
Revenues rose to $213.08 million from $199.37 million last year. The company incurred higher operating expenses during the quarter due to the vesting of performance-based stock options granted in connection with the acquisition of the Market Metrics business.
On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $1.11 for the quarter. Analysts' estimates typically exclude speical items. Analysts expected revenue of $213.31 million for the quarter.
The company expects third-quarter revenues to range between $213 million and $216 million. GAAP profit per share is expected to range between $1.14 and $1.16. Analysts expect the company to report third-quarter profit per share of $1.13 on revenue of $216.99 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.