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Stock impact report

Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2024 Financial Results [Yahoo! Finance]

Morningstar, Inc. (MORN) 
Company Research Source: Yahoo! Finance
double-digit revenue growth for 2024 and meaningful increases in operating and free cash flow, with fourth-quarter revenue increasing 9.7%, or 10.6% on an organic basis. "We finished 2024 strongly by executing on themes such as the convergence of public and private markets and using AI to transform client workflows," said Kunal Kapoor, Morningstar's chief executive officer. "Recent product enhancements include PitchBook's integration of aftermarket equity research and introduction of an improved research center experience, and the January launch of the Direct Advisory Suite, which expands our financial advisor offering with a modernized software solution that is designed to improve workflows and efficiency." The Company's quarterly shareholder letter provides more context on Morningstar's results and business and can be found at shareholders.morningstar.com. Fourth-Quarter 2024 Financial Highlights Reported revenue increased 9.7% to $591.0 million compared to the prior-year pe Show less Read more
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