Moody's Corporation reported strong Q3 2024 results, with revenue increasing 23% year-over-year to $1.81 billion. Net income rose 37% to $534 million, while diluted EPS grew 39% to $2.93. The growth was driven by a 41% revenue increase in Moody's Investors Service (MIS) to $982 million, reflecting strong issuance activity across all ratings lines of business.Moody's Analytics (MA) revenue grew 7% to $831 million, supported by sustained demand for KYC and insurance offerings, as well as strong retention for ratings data feeds and company data applications. The company's operating margin expanded 440 basis points to 40.7%, while adjusted operating margin rose 320 basis points to 47.8%.For the full year, Moody's reaffirmed its revenue growth forecast in the low-double-digit percent range. The company remains focused on strategic investments in technology and innovation while maintaining cost discipline. Moody's also announced a quarterly dividend of $0.85 per share and has $547 million remaining in its share repurchase program.

Moody's Corporation reported strong Q3 2024 results, with revenue increasing 23% year-over-year to $1.81 billion. Net income rose 37% to $534 million, while diluted EPS grew 39% to $2.93. The growth was driven by a 41% revenue increase in Moody's Investors Service (MIS) to $982 million, reflecting strong issuance activity across all ratings lines of business.Moody's Analytics (MA) revenue grew 7% to $831 million, supported by sustained demand for KYC and insurance offerings, as well as strong retention for ratings data feeds and company data applications. The company's operating margin expanded 440 basis points to 40.7%, while adjusted operating margin rose 320 basis points to 47.8%.For the full year, Moody's reaffirmed its revenue growth forecast in the low-double-digit percent range. The company remains focused on strategic investments in technology and innovation while maintaining cost discipline. Moody's also announced a quarterly dividend of $0.85 per share and has $547 million remaining in its share repurchase program.