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Markit Reports Rising Q4 Revenue Stream Despite Higher Operating Costs

Posted: Tue Feb 09, 2016 6:10 pm
by kreslik.news

Markit Ltd. (Nasdaq:MRKT), a global provider of financial information services, has reported its Q4 2015 financial metrics ending December 31, 2015 – the group saw a rise across key metrics, including its revenues, securing a QoQ growth to close out the fiscal year, according to a Markit statement.

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For Q4 2015, Markit saw its revenues climb to $291.5 million, up 5.1% QoQ from $277.3 million in Q3 2015. Over a yearly basis, Markit also saw a rising revenue, having climbed 7.4% YoY from $271.4 million in Q4 2014.

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