Thomson Reuters: High Single Digits Organic Growth Remains In Sight
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Thomson Reuters is experiencing strong organic growth, driven by GenAI investments and price increases, with a reported 8.2% year-over-year revenue growth in 3Q24. The company's GenAI products now account for 15% of annualized contract value.
November 07, 2024 | 11:45 am
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Thomson Reuters reported strong 8.2% year-over-year revenue growth in 3Q24, with 7.2% organic growth. The company's GenAI products now account for 15% of annualized contract value, indicating a positive outlook.
The strong revenue growth and significant contribution from GenAI products suggest a positive outlook for Thomson Reuters. The company's focus on GenAI and price increases are driving organic growth, making it a favorable investment.
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