Factset Research Systems Inc Q1 2022 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Ashish Sabadra - RBC Capital Markets, Research Division - Analyst : Congrats on the solid results. I just wanted to hold down further on analytics. Phil, obviously, you mentioned pretty good pent-up demand and pretty good momentum, strong demand for your end products. I was just wondering if you could talk about how big is the opportunity, where you are in exploring those opportunities. And then as we think about these implementations, are you replacing an existing third-party systems or in-house applications? I was just wondering if you could also talk about whether you're gaining market share. So any incremental color on the analytics front? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. DECEMBER 21, 2021 / 4:00PM, FDS.N - Q1 2022 Factset Research Systems Inc Earnings Call

Question: Ashish Sabadra - RBC Capital Markets, Research Division - Analyst : That's very helpful color. And Linda, maybe a follow-up question. Thanks again for providing that color on the cost or cost takeout opportunity and margin expansion opportunity as well as capital allocation. I was wondering when do you plan to provide like an update on the mid or long term? Should we expect that at the Investor Day? And maybe if I can just ask on the margin front itself, how do you think about the margin expansion opportunity as you think about these 4 buckets of cost take out?

Question: Ashish Sabadra - RBC Capital Markets, Research Division - Analyst : That's very helpful color. Yes. No, it was very helpful. And congrats once again.