May 29, 2022

Thomson Reuters Releases Q1 2015 Quarterly Earnings Report

From the Earnings Announcement:

Thomson Reuters today reported results for the first quarter ended March 31, 2015. The company also re-affirmed its full-year 2015 outlook.

  • Reported revenues were down 3% as the negative impact of foreign currency reduced revenues by 5%
    • Revenues grew 2% before currency
    • Organic revenues grew 1%
      • Legal’s organic revenues increased 3%
      • Financial & Risk’s organic revenues were unchanged

      Specific to IP and Science Division of Company

      • Revenues were flat as subscription revenue (79% of the segment’s revenues) growth of 3% was offset by an 11% decline in transactions-related revenues as the first quarter of 2014 had certain large one-time sales to Government and Academic customers which did not repeat in the first quarter of 2015.
      • EBITDA decreased 17% with a margin of 25.3% compared to 29.6% in the prior-year period. The EBITDA margin decline was due to a lower margin revenue mix and some non-recurring expenditures.
      • Operating profit decreased 25% with a margin of 16.0% compared to 21.0% in the prior-year period. The operating profit margin decrease was due to the same items that impacted the EBITDA margin.
      • Small movements in the timing of revenues and expenses can impact margins in any given quarter for the Intellectual Property & Science business. Full-year margins are more reflective of the segment’s underlying performance.

Read the Complete Earnings Announcement

Slides From Webcast Presentation (PDF)

About Gary Price

Gary Price ( is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at, and is currently a contributing editor at Search Engine Land.