Thomson Reuters Beats Revenue Forecasts, Raises AI Investment
(Reuters) - Thomson Reuters on Tuesday reported higher than expected third-quarter revenue and raised its full-year organic revenue growth forecast. The Toronto-based content and technology company reported a quarterly revenue rise of 8% to $1.72 billion, just ahead of analyst expectations, according to LSEG data.
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Thomson Reuters’ outlook is favorable, as it revised its 2024 organic revenue growth guidance upwards. Read my earnings ...
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Thomson Reuters has made a major investment in Propense, an AI-powered cross-selling solution, which will enable the company ...
On Oct. 11, a San Francisco judge gave preliminary approval to a settlement that would see Thomson Reuters cough up $27.5 million, mostly to state residents. The deal caps off a legal battle that ...
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Canaccord Genuity analyst Aravinda Galappatthige assigned a Hold rating on Thomson Reuters (TRI – Research Report) today and set a price ...
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