financetom
Business
financetom
/
Business
/
Thomson Reuters reports higher third-quarter revenue
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Thomson Reuters reports higher third-quarter revenue
Nov 4, 2025 4:04 AM

(Reuters) -Thomson Reuters ( TMSOF ) reported higher revenue for the third quarter on Tuesday, boosted by investments in artificial intelligence products in its legal and tax and accounting divisions.

The Toronto-based content and technology company reaffirmed its full year 2025 guidance of a 7% to 7.5% rise in organic revenue, which tracks income from existing businesses on a constant currency basis.

"Our third-quarter results reflect continued momentum and the ongoing execution of our AI-driven innovation strategy," Thomson Reuters ( TMSOF ) Chief Executive Steve Hasker said in a statement after the results were released.

The owner of Westlaw legal database, Reuters news agency and the Checkpoint tax and accounting service reported third-quarter adjusted earnings per share of 85 cents, exceeding Wall Street expectations, according to LSEG data.    

Revenue rose 3% to $1.78 billion, meeting expectations.

Up to Monday's market close, Thomson Reuters ( TMSOF ) shares have fallen about 5.4% this year, underperforming the 16.5% rise in the S&P 500 index, which has been boosted by increases in AI-heavy big tech stocks. 

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TELUS Buys More Shares in TELUS International
TELUS Buys More Shares in TELUS International
Aug 16, 2024
04:37 AM EDT, 08/16/2024 (MT Newswires) -- TELUS ( TU ) said late Thursday it has acquired about 2.6 million subordinate voting shares in TELUS International at an average price of 4.25 Canadian dollars ($3.10). The acquired shares represent about 2.3% of the outstanding subordinate voting shares of TELUS International and about 0.9% of all its outstanding shares. The company...
PropertyGuru to be Acquired by EQT for $1.1 Billion; Shares Rise Pre-Bell
PropertyGuru to be Acquired by EQT for $1.1 Billion; Shares Rise Pre-Bell
Aug 16, 2024
05:33 AM EDT, 08/16/2024 (MT Newswires) -- PropertyGuru ( PGRU ) said Friday it has agreed to be acquired by affiliates of EQT's BPEA Private Equity Fund VIII in an all-cash deal valuing the company about $1.1 billion. Under the transaction, each issued and outstanding PropertyGuru ( PGRU ) ordinary share will be canceled and converted into the right to...
SilverBox Prices IPO at $10 per Unit
SilverBox Prices IPO at $10 per Unit
Aug 16, 2024
04:55 AM EDT, 08/16/2024 (MT Newswires) -- SilverBox Corp. IV (SBXD) said late Thursday it priced its initial public offering of 20 million units, with each unit consisting of one class A ordinary share and one-third of a redeemable warrant, at $10 per unit for expected gross proceeds of $200 million. Each whole warrant entitles the holder to purchase one...
Texas Instruments to receive up to $1.6 billion under CHIPS Act
Texas Instruments to receive up to $1.6 billion under CHIPS Act
Aug 16, 2024
(Reuters) -Texas Instruments will receive as much as $1.6 billion in direct funding from the U.S. Commerce Department to support the construction of three new domestic facilities, the analog chipmaker said on Friday. In addition to the agreement signed under the CHIPS and Science Act, Texas Instruments expects to receive about $6 billion to $8 billion in investment tax credit...
Copyright 2023-2025 - www.financetom.com All Rights Reserved