RiskMetrics Group Inc. hits the charts with elevating 4Q profits.
RiskMetrics is a well worth watching share at Wall Street Grand.
Wall Street Grand LLC, a leading investor newsletter is pleased to announce to the investment community and Wall Street Grand members market moving news about RiskMetrics Group Inc’s.(NYSE:RISK) rising fourth quarter profit. RiskMetrics Group Inc. trades on the “New York Stock Exchange” under the symbol: “RISK”. To learn more RiskMetrics Group Inc., “RISK”, make sure to visit our exclusive website http://www.wallstreetgrand.com/.
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On Tuesday, RiskMetrics Group Inc. (NYSE:RISK) posted their fourth-quarter profit, and compared them to their losses a year prior. The company, which is based in New York, said its consolidated renewal rate jumped to 84.6 percent in the fourth quarter from 80.8 percent in the first half of 2009 and 82.5 percent in last year's 3rd quarter. The latest quarter results narrowly beat the consensus forecast of analysts, who expected a profit of 10 cents per share on revenue of $75.5 million, on average
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This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.
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