IHS (IHS) Tops Q2 EPS by 12c; Guides FY16 to Midpoint of Expectations

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IHS Inc. Reports Second Quarter 2016 Results

June 28, 2016 6:00 AM EDT

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- IHS Inc. (NYSE: IHS), the leading global source of information and analytics, today reported results for the second quarter ended May 31, 2016.

Revenue of $588 million, up 6 percent from the prior-year period Total organic revenue growth of 2 percent when normalized for CERAWeek timing; reported organic revenue growth of negative 1 percent, with 1 percent subscription organic revenue growth Net income of $50 million and diluted earnings per share (EPS) of $0.74 Adjusted EBITDA of $201 million and Adjusted earnings per diluted share (Adjusted... More