Thomson reuters reports first-quarter 2022 results

Toronto, may 3, 2022 /prnewswire/ -- thomson reuters (tsx/nyse: tri) today reported results for the first quarter ended march 31, 2022:                strong revenue and sales growth continued in the first quarter total company revenue up 6% / organic revenue up 7% organic revenue up 7% for the "big 3" (legal professionals, corporates and tax & accounting professionals) raised full-year 2022 revenue guidance total company revenue forecast increased to approximately 5.5% from approximately 5.0% "big 3" segments revenue forecast increased to approximately 6.5% from a range of 6.0% - 6.5% no other changes to full-year 2022 outlook, reaffirmed full-year 2023 outlook change program on track - $305 million run-rate operating expense savings at quarter-end "the momentum we saw throughout 2021 continued to build in the first quarter of 2022, with both sales and revenue exceeding our expectations. the strong start to the year gives us confidence we are on the right path to achieve our 2022 and 2023 targets," said steve hasker, president and ceo of thomson reuters.
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