Thomson Reuters Corp
- Thomson Reuters Corp. traded flat at $185.74 after the content-driven technology company reported first-quarter 2025 results.
Revenue jumped to $1.90 billion from $1.88 billion, net income fell to $434 million from $481 million, and diluted earnings per share dropped to 96 cents from $1.06 a year ago.
The company completed the acquisition of SafeSend in January for approximately $600 million, allowing it to expand its tax automation capabilities.
In February, the company raised its annual dividend by 10% to $2.38 per share.
Thomson Reuters guided second-quarter revenue to grow by 7%, compared to $1.74 billion in 2024, and the adjusted EBITDA margin to be approximately 36%, compared to 37.1% a year ago.
The company estimated full-year revenue to increase between 3% and 3.5%, compared to $7.26 billion in 2024.
Revenue for the “Big 3” segments, namely legal professionals, corporates, and tax and accounting professionals, is expected to grow by approximately 4% in 2025.
May 2, 2025
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