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Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2024 Financial Results

1. Morningstar reports double-digit revenue growth for 2024, boosting cash flow. 2. CEO Kunal Kapoor emphasizes AI's role in enhancing client workflows.

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FAQ

Why Bullish?

Strong revenue growth and focus on AI signify positive market sentiment historically boosting MORN's price.

How important is it?

The reported growth in revenue and strategic initiatives directly correlates with MORN's performance potential.

Why Long Term?

Sustained revenue increases suggest a favorable trajectory for MORN's financial health and competitive positioning over time.

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CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, reported double-digit revenue growth for 2024 and meaningful increases in operating and free cash flow, with fourth-quarter revenue increasing 9.7%, or 10.6% on an organic basis. "We finished 2024 strongly by executing on themes such as the convergence of public and private markets and using AI to transform client workflows," said Kunal Kapoor, Morningstar's chief executive officer.

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