Moody's Corporation Reports Results for Second Quarter 2023

Rhea-AI Summary

Moody's Corporation (NYSE: MCO) announces second quarter 2023 results and updated full year 2023 outlook, emphasizing generative AI, enhanced analytics, and exponential risk. President and CEO Rob Fauber highlights the company's readiness to capitalize on the power of unique data sets and innovation. Conference call details for July 25, 2023, provided.

Positive

• Moody's poised to capitalize on generative AI opportunity
• Enhanced analytics and insights to address exponential risk
• Strong leadership and innovation with over 14,000 team members

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Moody's Corporation (NYSE: MCO) today announced results for the second quarter 2023, as well as updated its outlook for select metrics for full year 2023.

The Second Quarter 2023 Earnings Release and other earnings materials can be found on the Moody’s IR website at ir.moodys.com. In addition, the Earnings Release will be furnished with the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at www.sec.gov.

“Moody’s is poised to capitalize on the momentous opportunity of generative AI to activate the power of our unique and verified data sets,” said Rob Fauber, President and Chief Executive Officer of Moody’s. “Drawing on our team of over 14,000 innovators, we are accelerating our customers’ decision-making processes with enhanced analytics and insights that address the evolving world of exponential risk.”

CONFERENCE CALL

Date and Time		July 25, 2023, at 12:30 p.m. Eastern Time (ET).
Webcast		The webcast and its replay can be accessed through Moody’s Investor Relations website, ir.moodys.com, within “Events & Presentations”.
Dial in		U.S. and Canada	+1-888-330-2508
		Other callers	+1-240-789-2735
		Passcode	9302427
Dial In Replay		A replay will be available immediately after the call on July 25, 2023 and until August 25, 2023.
		U.S. and Canada		+1-800-770-2030
		Other callers		+1-647-362-9199
		Passcode		9302427

ABOUT MOODY'S CORPORATION

Moody’s (NYSE: MCO) is a global risk assessment firm that empowers organizations to make better decisions. Its data, analytical solutions and insights help decision-makers identify opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions, and fair access to information open the door to shared progress. With approximately 14,500 employees in more than 40 countries, Moody’s combines international presence with local expertise and over a century of experience in financial markets. Learn more at moodys.com/about.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230725874426/en/

SHIVANI KAK

Investor Relations

212.553.0298

shivani.kak@moodys.com



MICHAEL ADLER

Corporate Communications

212.553.4667

michael.adler@moodys.com



moodys.com

ir.moodys.com

moodys.com/sustainability

Source: Moody’s Corporation Investor Relations

FAQ

What is the ticker symbol for Moody's Corporation?

The ticker symbol for Moody's Corporation is MCO on the NYSE.

What did Moody's announce for the second quarter of 2023?

Moody's announced its second quarter 2023 results and updated its outlook for full year 2023, focusing on generative AI and enhanced analytics.

When is the conference call for Moody's second quarter 2023 results?

The conference call is scheduled for July 25, 2023, at 12:30 p.m. Eastern Time (ET).

Where can I access the webcast and replay for the conference call?

The webcast and its replay can be accessed through Moody’s Investor Relations website at ir.moodys.com under 'Events & Presentations'.