2017 Year in Review

FactSet provides integrated financial information and analytical applications for the global investment community. The Company delivers insight and information to financial investment professionals through its analytics, service, content, and technology. Fiscal 2017 marked the Company’s 39th year of operation, its 37th consecutive year of revenue growth and its 21st consecutive year of adjusted earnings growth as a public company. With more than 9,000 employees in 63 offices, FactSet collaborates on a global scale to produce, sell, and support numerous new products and countless enhancements to existing products in order to continually meet client needs. In the past 12 months, the Company saw continued global growth as client count increased 13% and adjusted earnings per share expanded 14%.

In fiscal 2017, FactSet completed numerous strategic acquisitions, including BISAM, Interactive Data Managed Solutions (renamed to FactSet Digital Solutions), Vermilion and CYMBA in order to broaden its suite of products and provide end-to-end solutions for its clients. These were best-in-class companies, as evidenced by winning numerous industry awards. With these acquisitions, FactSet’s international segment annual subscription value (ASV) grew to the highest level in the Company’s history.

In fiscal 2017, FactSet and its wholly owned companies Vermilion and Portware won top honors in more than nine industry awards competitions, including “Best Market Data Provider” and “Best Analytics Provider” in the Inside Market Data and Inside Reference Data Awards. These awards reinforce the concept that with these acquisitions, FactSet is bringing together world-class solutions to solve our clients’ challenges across the portfolio lifecycle.

Consolidated Statements of Income (in thousands, except per share data)

Years Ended August 31,  2017 2016 2015
Revenues  $ 1,221,179 1,127,092 $ 1,006,768
Operating income   $ 352,135 349,676 $ 331,918
Net income   $ 258,259 338,815 $ 241,051
Diluted earnings per common share  $ 6.51 8.19 $ 5.71
Diluted weighted average common shares $ 39,642   41,365   42,235

About FactSet

FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior analytics, service, content, and technology to help more than 88,000 users see and seize opportunity sooner. We are committed to giving investment professionals the edge to outperform, with fresh perspectives, informed insights, and the industry-leading support of our dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly ranked as one of Fortune's 100 Best Companies to Work For and a Best Workplace in the United Kingdom and France.