IHS Markit Sees Strong Q1 with Revenues, EPS Pointed Higher

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IHS Markit Sees Strong Q1 with Revenues, EPS Pointed Higher

Postby kreslik.news » Mon Mar 27, 2017 2:27 pm


IHS Markit Ltd. (Nasdaq: INFO), a provider of information, analytics, and financial markets data, has reported its Q1 2017 earnings for the period ending February 28, 2017. The latest figures painted a picture of strong growth relative to the year prior, with virtually all metrics pointing higher.

One of the group’s strongest areas of growth came across its revenues, which were reported at $844.0 million in Q1 2017, a climb of 53.8 percent year-over-year from $548.5 million in Q1 2016. In terms of its EBITDA on an adjusted basis, IHS Markit yielded a figure of $320.2 million in Q1 2017.

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