MSCI Raises 2023 Operating Expense Guidance To $1.135B-$1.165B From $1.09B-$1.13B
Portfolio Pulse from Benzinga Newsdesk
MSCI has increased its 2023 operating expense guidance to a range of $1.135 billion to $1.165 billion, up from the previous range of $1.09 billion to $1.13 billion.
October 31, 2023 | 10:58 am
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MSCI has raised its 2023 operating expense guidance, indicating potential higher costs or investments in the future.
The increase in operating expense guidance by MSCI suggests that the company expects higher costs or is planning to make more investments in the future. This could potentially impact profitability, which may negatively affect the stock price in the short term.
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