BUZZ-MSCI falls after lower Q4 profit

Index provider MSCI's MSCI.N shares fall 6% to $590.55

Company reports 24.3% fall in Q4 profit, hurt by higher costs and tougher comparisons with a year earlier

MSCI's operating revenue rises 7.7% to $743.5 million

Company's operating expenses increase 5.9% to $338.3 million

MSCI posts a profit of $305.5 million for the quarter ending Dec. 31, or $3.90 per share, compared with $403.4 million, or $5.07 per share, a year earlier

Company's shares rose nearly 6% in 2024