Markit Ltd. (MRKT) Reports In-Line Q1 EPS; Approves $500M Buyback Plan, Files for Secondary Offering
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Go back to Markit Ltd. (MRKT) Reports In-Line Q1 EPS; Approves $500M Buyback Plan, Files for Secondary Offering
May 13, 2015 7:00 AM EDT
Announces $500 million share repurchase programme
LONDON & NEW YORK--(BUSINESS WIRE)--
Markit Ltd. (Nasdaq: MRKT), a leading global diversified provider of
financial information services, today announced financial results under
International Financial Reporting Standards (IFRS) for the first quarter
ended March 31st 2015.
Financial highlights in first quarter 2015
Revenue increased 4.7% to $271.5 million from first quarter 2014, or
8.2% on a constant currency basis
Organic revenue growth was 6.1% driven by growth across Information
(+6.3%) and Solutions (+14.4%) with acquisition related revenue growth
of 2.1%
Adjusted EBITDA grew 3.4% to $120.7 million from first quarter 2014
and...
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