07:41 AM EST, 02/06/2025 (MT Newswires) -- Thomson Reuters ( TRI ) reported higher fourth-quarter adjusted earnings and revenue.
Net earnings fell to US$587 million, or US$1.30 per share, from US$678 million, or US$1.49 per share.
On an adjusted basis, fourth-quarter earnings per share rose 3% to US$1.01, from US$0.98, the year before.
Revenue rose 5% to US$1.91 billion. The increase was due to a 7% growth in recurring revenues (83% of total revenues) partly offset by a 1% decline in transactions revenues and a 6% decline in the global print sector, the company said.
Organic revenue increased 8% for the "Big 3" segments (Legal Professionals, Corporates and Tax & Accounting Professionals).
Thomson Reuters ( TRI ) anticipates organic revenue growth of 7% to 7.5% for full-year 2025.
"2024 marked important progress at Thomson Reuters ( TRI )," said President and CEO Steve Hasker. "Looking ahead to 2025, we continue to focus on investing in content-driven technology that helps professionals make complex decisions with confidence."
The company's shares were last seen up US$0.77 to US$170 in U.S. pre-market trading.