MSCI Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 26, 2022 at 04:16 pm IST
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MSCI Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 551.81 million compared to USD 498.18 million a year ago. Net income was USD 210.59 million compared to USD 165.42 million a year ago. Basic earnings per share from continuing operations was USD 2.6 compared to USD 2.01 a year ago. Diluted earnings per share from continuing operations was USD 2.59 compared to USD 1.99 a year ago.
For the six months, sales was USD 1,111.75 million compared to USD 976.6 million a year ago. Net income was USD 439.01 million compared to USD 362.24 million a year ago. Basic earnings per share from continuing operations was USD 5.4 compared to USD 4.39 a year ago. Diluted earnings per share from continuing operations was USD 5.37 compared to USD 4.34 a year ago.
MSCI, Inc. specializes in publishing information and support tools dedicated to institutional investors. Net sales break down by activity as follows:
- dissemination of stock market indices (57.4%): used in particular for the creation of indexed products, comparative performance analysis, rebalancing and asset allocation;
- development of market analysis solutions and tools (24.4%): development of content, applications and services for risk management, performance attribution and portfolio management;
- development of tools for the analysis of environmental, social and governance criteria (11.4%);
- other (6.8%).
Net sales are distributed geographically as follows: the United States (41.3%), Americas (4.4%), the United Kingdom (16.1%), Europe/Middle East/Africa (22.5%), Japan (4%) and other (11.7%).