Thomson Reuters raises revenue guidance amid strong AI-driven growth

Share

Thomson Reuters reported third-quarter revenue of $1.83 billion on November 3, 2026, up 10% year over year, and raised its full-year organic growth forecast to a range of 8.5% to 9%. Generative AI-enabled products accounted for 34% of annualized contract value, compared with 24% a year earlier, while the Reuters division posted 12% organic growth, helped by approximately $19 million in transactional content licensing. Active users of CoCounsel Legal rose by more than 60% in a single month, and the company plans to develop proprietary legal models with Skadden to offset high AI development costs. Thomson Reuters also sold a 51% stake in its Global Print business to KKR for roughly $500 million, a divestiture expected to contribute 60 to 70 basis points to organic growth and improve future margins.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items