MSCI Inc (NYSE:MSCI) reported a strong fourth-quarter FY23 with revenue growth of 19.8% Y/Y to $690.11 million, surpassing consensus estimates. Adjusted EPS was $3.68, also above expectations. The company saw increases in run-rate, retention rate, and operating revenues across various segments, including Index, Analytics, ESG and Climate, and Private Assets. The operating margin was stable, and adjusted EBITDA margin improved. MSCI ended the quarter with significant free cash flow and cash reserves. CEO Henry A. Fernandez highlighted a decade of growth and record achievements. MSCI anticipates FY24 operating expenses between $1.30 billion and $1.34 billion, capex of $95 million to $105 million, and free cash flow of $1.225 billion to $1.285 billion. MSCI shares rose by 8.81% to $599.48.