IHS (IHS) Reffirms FY15 Outlook Ahead of Goldman Sachs Tech Conf. Presentation

IHS (NYSE: IHS) is reaffirming its 2015 revenue, Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) and Adjusted EPS (earnings per diluted share) guidance. The company plans to publicly reaffirm its earnings guidance in a previously announced presentation at the Goldman Sachs Technology and Internet Conference in San Francisco today, February 12, 2015.

For the year ending November 30, 2015, IHS expects:

• Revenue in a range of $2.36 billion to $2.40 billion, including 6-7 percent organic growth on the subscription base and neutral non-subscription organic growth;
• Adjusted EBITDA in a range of $750 million to $770 million; and
• Adjusted EPS in a range of $6.10 to $6.30 per diluted share.

The above outlook assumes no further currency movements, acquisitions, divestitures, pension mark-to-market adjustments or unanticipated events. See discussion of non-GAAP financial measures toward the end of this release.

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