Thomson Reuters Q3 Earnings: Legal, Corporate Segments Enjoy Revenue Boost As CEO Highlights AI Investment
Thomson Reuters Q3 Earnings: Legal, Corporate Segments Enjoy Revenue Boost As CEO Highlights AI Investment
The "Big 3" segments (Legal Professionals, Corporates, and Tax & Accounting Professionals) collectively comprised 81% of total revenues and reported organic revenue growth of 9%. Here's a breakdown:Thomson Reuters Corp (NYSE: TRI) reported fiscal third-quarter 2024 revenue growth of 8% year-on-year to $1.72 billion, beating the analyst consensus estimate of $1.71 billion.
湯森路透公司（紐交所：TRI）報告，截至2024財季第三季度，營業收入同比增長8%，達到17.2億美元，超出分析師共識預估的17.1億美元。
The business information services provider's adjusted EPS of 80 cents beat the analyst consensus estimate of 77 cents. The stock price climbed after the print.
這家商業信息服務提供商的調整後每股收益爲80美分，超出分析師共識預估的77美分。印刷後股價上漲。
Organic revenues increased by 7%, driven by 8% growth in recurring revenues (84% of total revenues).
有機收入增長了7%，其中8%的增長來自重複性收入（總收入的84%）。
The "Big 3" segments (Legal Professionals, Corporates, and Tax & Accounting Professionals) collectively comprised 81% of total revenues and reported organic revenue growth of 9%. Here's a breakdown:
「三大」部門（法律專業人士、企業和稅務與會計專業人士）共佔總收入的81%，有機收入增長了9%。以下是詳細數據：
- Legal Professionals' revenue grew by 8% Y/Y to $745 million
- Corporates' revenue rose 12% Y/Y to $437 million
- Tax & Accounting Professionals' revenue increased by 9% Y/Y to $221 million.
- Reuters News revenue grew 10% Y/Y to $199 million
- Global Print revenue fell 7% Y/Y to $128 million.
- Adjusted EBITDA margin declined 430 bps to 35.3%.
- Free cash flow was at $591 million during the quarter with $1.73 billion in cash and equivalents as of September.
- 法律專業人士的營業收入同比增長8%，達到74500萬美元
- 企業的營業收入同比增長12%，達到43700萬美元
- 稅務與會計專業人士的營業收入同比增長9%，達到22100萬美元。
- 路透新聞的營業收入同比增長10%，達到19900萬美元
- 全球印刷收入同比下降7%，至12800萬美元。
- 調整後的EBITDA利潤率下降430個點子，至35.3%。
- 本季度自由現金流爲59100萬美元，截至9月底現金及等值物爲17.3億美元。
CEO Steve Hasker highlighted the company's commitment to innovation, pointing to increased AI investment in 2024, surpassing $200 million.
首席執行官Steve Hasker強調公司對創新的承諾，指出2024年人工智能投資增加，超過20000萬美元。
He also emphasized progress in the "Build, Partner, Buy" strategy, with recent AI product launches, updates to the CoCounsel GenAI assistant, and strategic acquisitions of Safe Sign Technologies and Materia, which enhance the company's GenAI solutions for professional clients.
他還強調了「構建、合作、買入」策略的進展，最近推出了人工智能產品，更新了CoCounsel GenAI助手，並完成了對Safe Sign Technologies和Materia的戰略收購，提升了公司面向專業客戶的GenAI解決方案。
FY24 Outlook: Thomson Reuters reiterated revenue of $7.27 billion against a consensus of $7.28 billion.
FY24展望：湯森路透重申營業收入爲72.7億美元，與市場共識的72.8億美元相牴觸。
The company expects its fourth-quarter 2024 organic revenue growth to be approximately 5% (prior approximately 6%) and its adjusted EBITDA margin to be approximately 37% (prior approximately 34%).
公司預計2024年第四季度有機營業收入增長約爲5%（之前約爲6%），調整後的EBITDA利潤率約爲37%（之前約爲34%）。
Thomson Reuters stock gained 15% year-to-date.
湯森路透股價今年以來上漲15%。
Price Action: TRI stock is up 4.84% to $173.01 premarket at last check Tuesday.
股價走勢：湯森路透股票週二最後檢查時盤前上漲4.84%，至173.01美元。
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譯文內容由第三人軟體翻譯。
