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Benzinga
Benzinga
Business
Anusuya Lahiri

Strong Margins, Strategic Investments Boost Moody's Q3 Results, Board Approves $4 Billion Share Buyback, Revenue Growth Expected

Moody MA MCO
Moody's

Following its third-quarter earnings release on Wednesday, Moody’s Corporation (NYSE:MCO) stock saw an uptick.

The financial intelligence company reported a strong 11% year-on-year (Y/Y) increase in revenue, reaching $2.01 billion and comfortably exceeding the analyst consensus of $1.95 billion.

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