Aug 5 (Reuters) - Thomson Reuters Corp TRI.TO :
* THOMSON REUTERS REPORTS SECOND-QUARTER 2020 RESULTS
* Q2 ADJUSTED EARNINGS PER SHARE $0.44
* SEES FY 2020 TOTAL REVENUE GROWTH OF 1.0% - 2.0% BEFORE CURRENCY
* Q2 IFRS EARNINGS PER SHARE $0.25
* QUARTERLY LEGAL PROFESSIONALS REVENUES INCREASED 3% TO $620 MILLION AT CONSTANT CURRENCY
* SEES FY 2020 ORGANIC REVENUE GROWTH OF 0% - 1.0% BEFORE CURRENCY
* Q2 REVENUE $1,405 MILLION, FLAT WITH LAST YEAR ON CONSTANT CURRENCY BASIS
* QUARTERLY CORPORATES REVENUES INCREASED 6% TO $329 MILLION AT CONSTANT CURRENCY
* Q2 EARNINGS PER SHARE VIEW $0.38, REVENUE VIEW $1.40 BILLION -- REFINITIV IBES DATA
* SEES FY 2020 ADJUSTED EBITDA MARGIN 31.0% – 32.0% BEFORE CURRENCY
* SAYS "BIG 3" SEGMENTS COLLECTIVELY EXPECTED TO ACHIEVE REVENUE GROWTH AND ORGANIC GROWTH BETWEEN 3.0% AND 4.0% IN Q3
* FULL-YEAR OUTLOOK REAFFIRMED; FREE CASH FLOW OUTLOOK RAISED
* SEES FY 2020 FREE CASH FLOW $1.0 BILLION - $1.1 BILLION BEFORE CURRENCY
* QUARTERLY TAX & ACCOUNTING PROFESSIONALS REVENUES OF $168 MILLION DECREASED 4% AT CONSTANT CURRENCY
* SEES FY 2020 CAPITAL EXPENDITURES OF 7.5% - 8.0% OF REVENUE BEFORE CURRENCY
* QUARTERLY REUTERS NEWS REVENUES OF $155 MILLION WERE RELATIVELY FLAT AT CONSTANT CURRENCY
* SEES FY 2020 BIG 3 SEGMENTS (LEGAL PROFESSIONALS, CORPORATES AND TAX & ACCOUNTING PROFESSIONALS) TOTAL REVENUE GROWTH 3.0% - 4.0% BEFORE CURRENCY
* SEES FY 2020 BIG 3 SEGMENTS ORGANIC REVENUE GROWTH OF 3.0% - 4.0% BEFORE CURRENCY
* SEES FY 2020 BIG 3 SEGMENTS ADJUSTED EBITDA MARGIN OF 36.0% – 37.0% BEFORE CURRENCY
* COMPANY DOES NOT ANTICIPATE ANY CHANGES TO ITS PLANS TO PAY ANNUALIZED DIVIDEND
* QUARTERLY REUTERS NEWS ORGANIC REVENUE DECREASED 11% PRIMARILY DUE TO COVID-19-RELATED CANCELLATION OF IN-PERSON EVENTS IN EVENTS BUSINESS
* DOES NOT ANTICIPATE REPURCHASING MORE OF ITS SHARES FOR REMAINDER OF YEAR
* HAS NOT EXPERIENCED ANY SIGNIFICANT DISRUPTIONS TO ITS BUSINESS DUE TO COVID-19 AND CONTINUES TO BE FULLY OPERATIONAL
* IN Q3, EXPECTS REUTERS NEWS TOTAL REVENUE TO DECLINE BETWEEN 2% AND 4%. FY 2020 REVENUES ARE EXPECTED TO DECLINE BETWEEN 4% AND 6%
* DECREASE IN Q2 IFRS EPS REFLECTS IMPACT OF WARRANT REVALUATION
* QUARTERLY GLOBAL PRINT REVENUES DECREASED 17% TO $134 MILLION AT CONSTANT CURRENCY
* FULL-YEAR REVENUES FOR GLOBAL PRINT ARE EXPECTED TO DECLINE BETWEEN 7%-11%
* REFINITIV'S Q2 REVENUE WAS $1.59 BILLION, UP 3 PERCENT BEFORE CURRENCY
* TOTAL COMPANY REVENUES AND TOTAL ORGANIC REVENUES FOR Q3 OF 2020 ARE EXPECTED TO GROW BETWEEN 1.0% AND 2.0%