MSCI's Q4 net income increased 88%, driven by rising demand for its services; earnings climbed to $403.4M, up from $215M in the previous year.

MSCI's fourth-quarter net income rose 88% due to rising demand for the securities-index compiler's services from investment managers. The New York-based data provider reported earnings of $403.4 million, or $5.07 a share, up from $215 million, or $2.67 a share, in the previous year's period. The company's revenue for the quarter increased by 19.8% to $690.11 million from $576.21 million in the prior year.

January 30, 2024
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