Reported about 17 hours ago
MSCI announced a profit increase for the third quarter, attributing the surge to heightened client spending on index products and analytics services. The company reported a profit of $325.4 million, up from $280.9 million a year prior, with recurring subscriptions in its index segment seeing an 8.3% year-on-year growth. This reflects strong demand for index-based investing amid a favorable market environment.
Source: YAHOO