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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 709M | 12.1% |
Gross Profit | 429M | 27.4% |
Cost of Revenue | 280M | 5.4% |
Operating expense | 193M | 7.4% |
Net Income | 267M | 4.2% |
EBITDA | 337M | 11.7% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 5.46B | 0.4% |
Total Liabilities | 6.19B | 1% |
Shares Outstanding | 79M | 0.6% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 349M | 16.4% |
Cash from investing | -47M | 45.7% |
Cash from financing | -369M | 77.9% |
EPS
Financial Highlights for MSCI in Q2 '24
MSCI reported a revenue of 709M, which is a 12.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 429M, marking a 27.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 280M, a -5.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 193M, showing a -7.4% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 267M, showing a 4.2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 337M, showing a -11.7% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for MSCI with growth in revenue, gross profit, and net income. A decline in EBITDA signals potential operational challenges or increased costs.