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- Highlights by Customer Segment - Three Months Ended December 31
- Legal Professionals
- Corporates
- Tax & Accounting Professionals
- Reuters News
- Global Print
- Corporate Costs
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 5% (4% organic) to $653 million. 1. Recurring revenues grew 6% (93% of total), driven by organic revenue growth of 5% with strong performance from Practical Law, Westlaw Edge, the segment’s businesses in Europe and Canada and its Government business. 2. Transactions revenues declined 5% (7% of total), primarily due to the Elite bu...
Revenues increased 4% (3% organic) to $338 million. 1. Recurring revenues grew 6% (87% of total), all organic. 2. Transactions revenues declined 11% (13% of total), primarily due to lower software implementation revenues. Adjusted EBITDA increased 7% to $105 million. 1. The margin increased to 31.1% from 30.0%, primarily due to higher revenues.
Revenuesof $285 million increased 6% (8% organic), primarily due to strong recurring revenue growth of 7%, which included a 2% benefit from the accelerated release of some UltraTax state tax software from January to December to align with the traditional December release of the segment’s US Federal Government software. Excluding this timing benefit...
Revenues of $164 milliondecreased 1% and organic revenues decreased 3%, primarily due to lower revenues in the news agency business and the cancellation of in-person conferences at Reuters Events due to COVID-19. 1. Reuters Events is assessing if and when in-person conferences can resume in 2021. As a result, the business is preparing a hybrid even...
Revenues decreased 10% to $177 million, as expected. An improvement in Global Print’s 2021 performance is expected, with revenues forecast to decline between 4%-7%. Adjusted EBITDA decreased 21% to $61 million. 1. The margin decreased from 39.4% to 34.6% due to the decline in revenues.
Corporate costs at the adjusted EBITDA level were $37 million compared to $138 million in the prior-year period. The decline primarily reflected the completion of the repositioning of the company in 2019 following the separation of Refinitiv, which required significant costs and investments.
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May 5, 2020 · TORONTO, May 5, 2020 – Thomson Reuters (TSX/NYSE: TRI) today reported results for the first quarter ended March 31, 2020 and updated its full-year 2020 Outlook to reflect its currently estimated impact of the COVID-19 pandemic.
Sep 30, 2020 · Thomson Reuters Reports Third-Quarter 2020 Results. IFRS revenues and organic revenues up 2%. “Big 3” revenues up 4%; organic revenues up 5%. Operating profit up 21%; adjusted EBITDA up 42%. Raising full-year outlook for adjusted EBITDA margin and free cash flow. TORONTO, November 3, 2020 – Thomson Reuters (TSX/NYSE: TRI) today reported ...
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