(Adds details on clients, analysts' estimates, background on FactSet's strategy)
Sept 26 (Reuters) - Financial information provider FactSet Research Systems Inc reported a better-than-expected quarterly revenue on Tuesday, as it signed up more subscribers for its analytics and online asset data services.
FactSet said it had 4,744 clients as of Aug. 31, up by 115 clients in the past three months.
The company said its revenue rose 13.7 percent to $326.6 million in the fourth quarter ended Aug. 31. Analysts on average had expected $325.3 million, according to Thomson Reuters I/B/E/S.
Norwalk, Connecticut-based FactSet has been introducing services such as portfolio analysis, online data on different asset classes, research and trading services through acquisitions as it seeks to widen its customer base beyond its traditional clientele of desktop users.
The new services have come at a time when Wall Street asset managers curb spending on financial data services.
FactSet's net income fell to $59.6 million or $1.52 per share in the fourth quarter, from $144.3 million, or $3.55 per share, a year earlier.
The company's profit in the year-ago quarter benefited from a $112.5 million gain related to the sale of its Market Metrics business.
Excluding one-time items, FactSet earned $1.90 per share, edging past analysts' estimates of $1.89.
The company also forecast current-quarter adjusted earnings of $1.93 to $1.99 per share. Analysts were expecting $1.94. (Reporting by Sonam Rai in Bengaluru; Editing by Sai Sachin Ravikumar)