Thomson Reuters (TSE:TRI) has released an update.
Thomson Reuters has reported a solid performance for the second quarter of 2024, with a 6% increase in total and organic revenues and significant growth in its key ‘Big 3’ segments. Despite the revenue growth, operating profit has seen a 50% reduction, primarily due to the prior year’s sale gains, while diluted EPS slightly declined. The company has raised its full-year revenue outlook and completed both its interest monetization in the London Stock Exchange Group and a $1 billion share buyback program.
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