Thomson reuters reports second-quarter 2024 results

Toronto , aug. 1, 2024 /prnewswire/ -- thomson reuters (tsx/nyse: tri) today reported results for the second quarter ended june 30, 2024: good revenue momentum continued in the second quarter total company and organic revenues both up 6% organic revenues up 8% for the "big 3" segments (legal professionals, corporates and tax & accounting professionals) based on q2 performance, raised full-year 2024 outlook for total and organic revenue growth to the high end of the prior ranges completed monetization of interest in london stock exchange group (lseg) in the second quarter completed $1.0 billion share buyback program repurchased $287 million of the company's common shares in the second quarter "good momentum continued across our portfolio in the second quarter, leading to a moderately raised revenue outlook," said steve hasker, president and ceo of thomson reuters. "our 2024 investment plans remain on track as we execute against the ambitious product roadmap we detailed at our march investor day, exemplified by the july launches of cocounsel drafting and checkpoint edge with cocounsel.
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