Morningstar, Inc. Reports Third-Quarter 2024 Financial Results
Morningstar, Inc. (MORN)
US:NASDAQ Investor Relations:
shareholders.morningstar.com/investor-relations/default.aspx
Company Research
Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, posted double-digit third-quarter revenue growth while expanding operating margins.“Morningstar Credit led the way in the quarter with additional contributions from across the business supporting revenue and profit growth," said Kunal Kapoor, Morningstar's chief executive officer. "Our diverse portfolio continues to present opportunities for innovation and durable growth, including those arising from the accelerated convergence of public and private markets.”The Company's quarterly shareholder letter provides more context on its quarterly results and business performance and can be found at shareholders.morningstar.com.Third-Quarter 2024 Financial HighlightsReported revenue increased 10.5% to $569.4 million compared to the prior-year period; organic revenue grew 10.1%.Reported operating income increased 65.0% to $115.5 million; adjusted operating income increased 41.6
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MORN
News
- Morningstar, Inc. (NASDAQ: MORN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- CIBC Asset Management announces final 2024 annual reinvested capital gains distributions for CIBC ETFs and ETF Series [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Morningstar, Inc. (NASDAQ: MORN) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Morningstar Appoints Michael Holt as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Morningstar Appoints Michael Holt as Chief Financial OfficerBusiness Wire
MORN
Sec Filings
- 12/16/24 - Form 4
- 12/13/24 - Form 8-K
- 12/13/24 - Form 144
- MORN's page on the SEC website