- Reuters
UPDATE 1-LSEG reports in-line first quarter as Microsoft partnership progresses
The London Stock Exchange Group said on Thursday its first quarter growth was in line with plans as products from its partnership with Microsoft are due to be rolled out in the first half of 2024, as expected. LSEG said total income, excluding recoveries, in the first quarter was 2.089 billion pounds ($2.61 billion), with gross profit of 1.893 billion pounds, in line with analysts' consensus compiled by LSEG. LSEG was "confident of continued growth and improving profitability", adding that it was on track to meet all financial guidance provided during its November 2023 Capital Markets Day.
- Reuters
LSEG reports in-line first quarter as Microsoft partnership progresses
LONDON (Reuters) -The London Stock Exchange Group said on Thursday its first quarter growth was in line with plans as products from its partnership with Microsoft are due to be rolled out in the first half of 2024, as expected. LSEG said total income, excluding recoveries, in the first quarter was 2.089 billion pounds ($2.61 billion), with gross profit of 1.893 billion pounds, in line with analysts' consensus compiled by LSEG. LSEG was "confident of continued growth and improving profitability", adding that it was on track to meet all financial guidance provided during its November 2023 Capital Markets Day.
- Reuters
LSEG reports first quarter growth in line with plans
The London Stock Exchange Group said on Thursday its first quarter growth was in line with plans, and products from its partnership with Microsoft were due to be rolled out in the first half of 2024. LSEG said total income, excluding recoveries, in the first quarter was 2.089 billion pounds ($2.61 billion), with gross profit of 1.893 billion pounds. Analysts' consensus compiled by LSEG forecast total income at 2.088 billion pounds, and gross profit at 1.888 billion pounds.
