Thomson Reuters Corp. reported fourth-quarter FY21 revenue growth of 6 percent year-on-year to $1.71 billion, beating the consensus of $1.68 billion. Organic revenues increased 6 percent, driven by recurring revenues and transactions revenues. The “Big 3” segments (Legal Professionals, Corporates, and Tax & Accounting Professionals) collectively comprised 79 percent of total revenues and reported organic revenue growth of 7 percent. Legal Professionals revenue grew 5 percent Y/Y to $689 million, Corporates revenue rose 7 percent Y/Y to $361 million, and Tax & Accounting Professionals revenue increased 9 percent Y/Y to $309 million. Reuters News revenue improved 11 percent Y/Y to $182 million, and the Global Print revenue declined 4 percent Y/Y to $170 million. Adjusted EBITDA margin contracted 610 bps to 26.4 percent due to Change Program costs. Adjusted EPS of $0.43 missed the consensus of $0.46. Thomson Reuters generated $397 million in operating cash flow during the quarter. It held $778 …