IHS Markit Reports Strongest Quarterly Revenue Growth Since 2016

[kreslik.news]

IHS Markit (Nasdaq: INFO) reported its results for the second quarter ended May 31, 2018 today. The results showed the company experienced the strongest growth of revenue per quarter since its merger in July 2016.

According to the report, IHS Markit’s second-quarter revenue in 2018 increased by 11 per cent, compared to the same period of 2017, to $1.008 billion. The company had a total organic revenue growth of 8 per cent year-on-year.

The results also showed a net income of $144 million and diluted earnings per share (EPS) of $0.28. In addition, adjusted earnings per diluted ... (read more)