Thomson reuters reports fourth-quarter and full-year 2022 results
Toronto , feb. 9, 2023 /prnewswire/ -- thomson reuters (tsx/nyse: tri) today reported results for the fourth quarter and full year ended december 31, 2022: broad revenue momentum continued for the fourth quarter and full year full-year total company revenue up 4% / organic revenue up 6% fourth-quarter total company revenue up 3% / organic revenue up 6% organic revenue up 7% for the "big 3" segments (legal professionals, corporates, and tax & accounting professionals) based on 2022 performance, maintained full-year 2023 organic revenue and adjusted ebitda margin outlooks; select other 2023 metrics updated completed change program, achieving $540 million run-rate operating expense savings by the end of 2022 increased annualized dividend per share by 10% (30th consecutive annual increase) on track to conclude current $2 billion share buyback program by april intend to execute return of capital of at least $2 billion with concurrent share consolidation in 2023 funded by london stock exchange group (lseg) proceeds closed acquisition of sureprep on january 3 "2022 was a year of significant progress at thomson reuters," said steve hasker, president and ceo of thomson reuters. "our product and innovation efforts were highlighted by the september launch of westlaw precision, which continues to see strong momentum.
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