FactSet Research Systems Reports Results For The Fourth Quarter Of Fiscal 2010

NORWALK, Conn., Sept. 21, 2010 (GLOBE NEWSWIRE) -- FactSet Research Systems Inc. (NYSE:FDS) (Nasdaq:FDS), a leading provider of integrated global financial information and analytical applications for the investment community, today announced its results for the fourth quarter of fiscal 2010.

For the quarter ended August 31, 2010, revenues were $168.2 million, up 8% compared to the prior year. Operating income for the fourth quarter increased to $57.4 million, a rise of 6% from $54.4 million in the same period of fiscal 2009.  Net income advanced to $39.3 million as compared to $36.3 million a year ago.  Diluted earnings per share increased to $0.83, up 12% from $0.74 in the same period of fiscal 2009.  The fourth quarter of fiscal 2010 included revenues of $3.9 million from the acquisition of Market Metrics on June 1, 2010.  Included in this quarter's EPS were income tax benefits of $0.01 per share from higher levels of non-U.S. taxable income.

Consolidated Statements of Income
(Condensed and Unaudited)	Three Months Ended August 31,			Twelve Months Ended August 31,
(In thousands, except per share data)	2010	2009	Change	2010	2009	Change
Revenues	$168,234	$155,462	8.2%	$641,059	$622,023	3.1%
Operating income	57,430	54,360	5.6%	221,634	211,030	5.0%
Other income	72	95	(24.2)%	547	1,092	(49.9)%
Provision for income taxes	18,211	18,180	0.2%	71,970	67,172	7.1%
Net income	$39,291	$36,275	8.3%	$150,211	$144,950	3.6%
Diluted earnings per share	$0.83	$0.74	12.2%	$3.13	$2.97	5.4%
Diluted weighted average shares	47,280	48,880		48,004	48,789

"We delivered strong ASV growth of $21 million in the quarter," says Philip A. Hadley, Chairman and Chief Executive Officer.  "With our broad product suite, we continue to enhance the productivity of our global client base."