Thomson Reuters Reports Third-Quarter 2024 Results
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Thomson Reuters reported strong third-quarter 2024 results with an 8% increase in total revenues and a 7% rise in organic revenues. The company raised its full-year organic revenue growth outlook and announced the sale of its FindLaw business. Investment in AI has increased to over $200 million.
November 05, 2024 | 12:30 pm
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Thomson Reuters reported an 8% increase in Q3 2024 revenues and raised its full-year organic revenue growth outlook. The company is investing over $200 million in AI and plans to sell its FindLaw business.
The strong revenue growth and raised outlook are positive indicators for Thomson Reuters' financial health. The increased investment in AI suggests a focus on innovation, which could drive future growth. The sale of FindLaw may streamline operations.
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IMPORTANCE 90
RELEVANCE 100