Early Access

10-QPeriod: Q3 FY2008

MOODYS CORP /DE/ Quarterly Report for Q3 Ended Sep 30, 2008

Filed November 5, 2008For Securities:MCO

Summary

Moody's Corporation (MCO) filed its quarterly report on Form 10-Q for the period ending September 30, 2008. This report reflects the company's financial performance during a period of significant economic turmoil, particularly impacting the financial services sector. Investors should note that the company operates in a complex environment shaped by global credit market conditions, which directly influence its core businesses. The filing provides an overview of the company's financial health, operational results, and its strategies for navigating these challenging macroeconomic headwinds. The detailed financial statements and management's discussion and analysis offer insights into revenue streams, expenses, and overall profitability. As a large accelerated filer, MCO's reporting adheres to stringent SEC guidelines, providing a degree of transparency crucial for investor confidence. While the specific financial figures for the quarter are not detailed in this extract, the context of the filing during late 2008 suggests a focus on resilience and risk management in the face of widespread financial stress.

Financial Statements
Beta
Revenue$433.40M
SG&A Expenses$108.10M
Operating Expenses$243.60M
Operating Income$189.80M
Net Income$113.00M
EPS (Basic)$0.47
EPS (Diluted)$0.46
Shares Outstanding (Basic)241.30M
Shares Outstanding (Diluted)244.60M

Key Highlights

  • 1Moody's Corporation filed its Form 10-Q for the quarterly period ended September 30, 2008.
  • 2The company is classified as a large accelerated filer, indicating significant market capitalization and compliance with robust reporting standards.
  • 3The filing period falls during a time of substantial global financial market stress, which is a critical contextual factor for investors.
  • 4Moody's operates from its headquarters at 7 World Trade Center, New York, N.Y.
  • 5The report includes unaudited condensed consolidated financial statements for the three and nine months ended September 30, 2008 and 2007.
  • 6Key sections within the report include Management's Discussion and Analysis of Financial Condition and Results of Operations, and Quantitative and Qualitative Disclosures about Market Risk.
  • 7The total number of common shares outstanding as of September 30, 2008, was approximately 239.8 million.

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