NEW YORK--(BUSINESS WIRE)--MSCI Inc. (NYSE: MSCI), a leading provider of indexes and portfolio construction and risk management tools and services for global investors, will host an investor day today in New York City. The meeting will begin promptly at 8:30 am Eastern Time and is expected to conclude at approximately 12:30 pm Eastern Time. The event will include a discussion of the Company’s strategy and financial performance, feature presentations from MSCI’s management team and showcase important aspects of the business.
In connection with the event, MSCI is reaffirming its 2019 financial guidance as provided on January 31, 2019. Additionally, MSCI is updating its long-term company targets including the following highlights:
- Low double-digit revenue growth (excluding asset-based fees).
- Mid-teens adjusted EBITDA growth.
- Mid-to-high 50s adjusted EBITDA margin rate.
Attendance in-person is by invitation only; however, a live webcast will be available during the event at https://edge.media-server.com/m6/p/c885crtk.
The investor presentation used during the investor day will be made available on MSCI's Investor Relations website and an audio recording of the conference call will also be available on our Investor Relations website, http://ir.msci.com/events-and-presentations. The replay will be archived in the events and presentations section of MSCI's Investor Relations website for 12 months after the meeting.
For more than 45 years, MSCI's research-based indexes and analytics have helped the world’s leading investors build and manage better portfolios. Clients rely on our offerings for deeper insights into the drivers of performance and risk in their portfolios, broad asset class coverage and innovative research.
Our line of products and services includes indexes, analytical models, data, real estate benchmarks and ESG research.
For more information, visit us at www.msci.com. MSCI#IR
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, our full-year 2019 guidance and long-term targets. These forward-looking statements relate to future events or to future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or “continue,” or the negative of these terms or other comparable terminology. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond our control and that could materially affect our actual results, levels of activity, performance or achievements.
Other factors that could materially affect actual results, levels of activity, performance or achievements can be found in MSCI’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018 filed with the Securities and Exchange Commission (“SEC”) on February 22, 2019 and in quarterly reports on Form 10-Q and current reports on Form 8-K filed or furnished with the SEC. If any of these risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may vary significantly from what MSCI projected. Any forward-looking statement in this press release reflects MSCI’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to MSCI’s operations, results of operations, growth strategy and liquidity. MSCI assumes no obligation to publicly update or revise these forward-looking statements for any reason, whether as a result of new information, future events, or otherwise, except as required by law.