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1 day ago · TORONTO, June 27, 2024 /CNW/ -- Thomson Reuters (TSX/NYSE: TRI) announced today its second-quarter 2024 earnings will be issued via news release on Thursday, August 1, 2024. Steve Hasker, president and chief executive officer, and Mike Eastwood, chief financial officer, will host a conference call and simultaneous webcast that morning at 8:30 a ...
Nov 1, 2023 · TORONTO, November 1, 2023 – Thomson Reuters (NYSE/TSX: TRI), a global content and technology company, today announced updates on its multi-year global investment strategy in generative artificial intelligence (AI). These include integrating generative AI skills through product development and acquisitions, leveraging strategic partnerships ...
Mar 12, 2024 · TORONTO, March 12, 2024 – Thomson Reuters (TSX/NYSE: TRI), a global content and technology company, today announced an updated brand, representing its commitment to address the needs of professionals operating within an ever-evolving landscape.
- Consolidated Financial Highlights - Three Months Ended June 30
- Highlights by Customer Segment - Three Months Ended June 30
- Legal Professionals
- Corporates
- Tax & Accounting Professionals
- Reuters News
- Global Print
- Corporate Costs
- Consolidated Financial Highlights - Six Months Ended June 30
- Change Program
Revenues increased 5%, driven by growth across four of the company’s five business segments. Foreign currency had a 2% negative impact on revenues. 1. Organic revenues increased 7%, driven by 7% growth in recurring revenues (80% of total revenues) as well as 13% growth in transactions revenues. Global Print revenues decreased 1% organically. 1.1. T...
Unless otherwise noted, all revenue growth comparisons by customer segment in this news release are at constant currency (or exclude the impact of foreign currency) as Thomson Reuters believes this provides the best basis to measure their performance.
Revenuesincreased 6% (all organic) to $700 million. 1. Recurring revenues grew 6% (94% of total, 7% organic), primarily due to strong performances from Westlaw, Practical Law, FindLaw and the Government business. 2. Transactions revenues decreased 3% (6% of total, decreased 1% organic). Adjusted EBITDA increased 7% to $304 million. 1. The margin in...
Revenuesincreased 9% (all organic) to $373 million. Revenues benefited from transactional revenue strength that we do not expect to recur at the same level in the second half of this year as the second-quarter performance was seasonal in nature. 1. Recurring revenues grew 9% (86% of total, all organic), driven by CLEAR, Practical Law and Indirect T...
Revenuesincreased 10% (9% organic) to $217 million. 1. Recurring revenues grew 11% (77% of total, all organic), driven by strong growth from Ultra Tax, audit products and the segment’s Latin America business. 2. Transactions revenues increased 5% (23% of total, all organic), primarily driven by Confirmation. Adjusted EBITDAincreased 12% to $81 mill...
Revenuesof $188 million increased 12% (all organic), primarily driven by the Professional business and the flow-through of the annual increase in the company’s news agreement with the Refinitiv business of LSEG. The Professional business benefited from timing shifts in Reuters Events as more events were hosted in the second quarter of this year rat...
Revenuesdecreased 1% (all organic), which was better than the decline the company expected due to higher third-party revenues for printing services and the timing of new sales. Adjusted EBITDAdecreased 9% to $50 million. 1. The margin decreased to 35.4% from 37.9% due to the decrease in revenues and the dilutive effect of third-party print revenue.
Corporate costsat the adjusted EBITDA level were $57 million and included $30 million of Change Program costs. Corporate costs were $76 million in the prior-year period and included $41 million of Change Program costs. Additional information regarding the Change Program is provided below.
Revenues increased 6%, driven by growth across four of the company’s five business segments. Foreign currency had a 1% negative impact on revenues. 1. Organic revenues increased 7%, driven by 7% growth in recurring revenues (79% of total revenues) as well as 10% growth in transactions revenues. Global Print revenues decreased 1% organically. 1.1. T...
In February 2021, the company announced a two-year Change Program to transition from a holding company to an operating company, and from a content provider to a content-driven technology company. The company is 18 months into the program, which is expected to be largely complete by the end of 2022. The program is projected to require an investment ...
4 days ago · Ukraine and Russia at War. Russia’s invasion of Ukraine started the deadliest war on European soil in more than 70 years. Follow this page for reports from the ground, the political wrangling on ...
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Apr 4, 2023 · US$2.2 billion return of capital and share consolidation expected to be completed in June. TORONTO, April 4, 2023 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today finalized its planned uses of its approximate US$2.3 billion of gross proceeds related to dispositions of shares in London Stock Exchange Group plc (LSEG) co-owned by the company ...
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