Markit Ltd. (MRKT) Misses Q1 EPS by 1c
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May 10, 2016 7:01 AM EDT
LONDON & NEW YORK--(BUSINESS WIRE)--
Markit Ltd. (Nasdaq: MRKT), a leading global provider of financial
information services, today announced financial results under
International Financial Reporting Standards (IFRS) for the first quarter
ended March 31st 2016.
Financial highlights for first quarter 2016
Revenue increased by 6.0% to $287.8 million from first quarter 2015,
or 7.8% on a constant currency basis
Organic revenue growth was 1.0% from first quarter 2015, driven by
Information (+4.9%) and Solutions (+4.0%), partially offset by a 9.6%
decrease in Processing
Acquired revenue growth was 6.8% from first quarter 2015, driven by
Information (+4.1%), Processing (+4.6%) and Solutions...
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