Thomson Reuters Expects Q2 Organic Revenue Growth To Be Approximately 6% And Adjusted EBITDA Margin To Be Approximately 36%
Portfolio Pulse from Benzinga Newsdesk
Thomson Reuters anticipates a 6% organic revenue growth and an adjusted EBITDA margin of around 36% for Q2. This projection reflects the company's positive performance and financial health.
May 02, 2024 | 10:44 am
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Thomson Reuters expects its Q2 organic revenue to grow by approximately 6% and its adjusted EBITDA margin to be around 36%, indicating a positive financial outlook.
The projected increase in organic revenue growth and a strong adjusted EBITDA margin are positive indicators of Thomson Reuters' financial health and operational efficiency. This news is likely to be viewed positively by investors, potentially leading to an increase in the stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100