IHS Markit Ltd. (INFO) - NASDAQ
  • Tue, Jun. 28, 9:47 AM
    • In the middle of pursuing a $13B merger with Markit (NASDAQ:MRKT), IHS is up 1.2% this morning after it posted fiscal Q2 results where it beat profit expectations and grew revenues 6%.
    • Net income dropped slightly on a headline basis. EBITDA of $201M beat an expected $191.1M.
    • Revenue by segment: Resources, $221.1M (down 6%); Transportation, $230.9M (up 21%); CMS, $135.9M (up 3%).
    • Cash flow from operations was $177M; free cash flow came to $148M.
    • It guided to full-year revenue at the lower end of its previous range of $2.3B-$2.38B (vs. consensus for $2.32B) including flat organic growth; EBITDA at "mid to upper end" of a range of $770M-$800M (vs. consensus for $785.4M) and EPS at "mid to upper end" of a range of $6.00-$6.30 (vs. expected $6.13).
    • Press Release
    | Tue, Jun. 28, 9:47 AM
  • Tue, Jun. 28, 6:01 AM
    • IHS (NYSE:IHS): FQ2 EPS of $1.60 beats by $0.12.
    • Revenue of $588M (+5.6% Y/Y) misses by $0.74M.
    • Press Release
    | Tue, Jun. 28, 6:01 AM
  • Mon, Jun. 27, 5:30 PM
    | Mon, Jun. 27, 5:30 PM | 1 Comment
  • Tue, May 10, 7:07 AM
    • Markit (NASDAQ:MRKT): Q1 EPS of $0.35 misses by $0.01.
    • Revenue of $287.8M (+6.0% Y/Y) misses by $5.82M.
    • Press Release
    | Tue, May 10, 7:07 AM
  • Mon, May 9, 5:30 PM
  • Mon, Mar. 21, 1:47 PM
    • IHS stock is up 8%, and reaching its highest point so far this year, after an earnings beat in its fiscal Q1 and news that it's combining with Markit into a $13B research giant.
    • Markit (NASDAQ:MRKT) is up 11.9% and hitting a 52-week high on the deal, which values it at about $5.9B. It's an all-stock deal with an implied value of $31.13/share of Markit, now trading at $32.96.
    • The deal also marks an inversion for Englewood, Colo.-based IHS, which will redomicile in London as IHS Markit.
    • IHS beat on top and bottom lines in its fiscal Q1. Of 6.7% revenue growth, organic revenue growth was 3% (1% subscription growth). EBITDA of $179.6M was up 13% and beat an expected $172.9M.
    • Revenue breakout: Subscription revenue, $443.2M (up 3% on headline basis, 1% organically); non-subscription revenue, $105.3M (up 24% on headline basis, 14% organically).
    • For the full year, IHS forecasts revenues of $2.3B-$2.38B, EBITDA of $770M-$800M, and EPS of $6.00-$6.30, all in line with expectations.
    • Press Release
    | Mon, Mar. 21, 1:47 PM | 2 Comments
  • Mon, Mar. 21, 6:03 AM
    • IHS (NYSE:IHS): FQ1 EPS of $1.40 beats by $0.05.
    • Revenue of $548.45M (+6.7% Y/Y) beats by $3.46M.
    • Press Release
    | Mon, Mar. 21, 6:03 AM
  • Sun, Mar. 20, 5:30 PM
  • Wed, Feb. 10, 7:39 AM
    • Markit (NASDAQ:MRKT) reports organic revenue growth of 1.1% in Q4.
    • Revenue grew 9.4% on a constant currency basis.
    • Acquisition contributed 8.3 percentage point of growth to the revenue in the quarter.
    • Segment revenue: Information: $131.6M (+6.8%); Processing: $59.8M (-12.7%); Solutions: $100.1M (+25.6%).
    • Operating expense rate increased 200 bps to 53.3%.
    • Adjusted EBITDA margin declined 70 bps to 45.6%.
    | Wed, Feb. 10, 7:39 AM
  • Wed, Feb. 10, 7:02 AM
    • Markit (NASDAQ:MRKT): Q4 EPS of $0.37 misses by $0.01.
    • Revenue of $291.5M (+7.4% Y/Y) misses by $0.58M.
    • Press Release
    | Wed, Feb. 10, 7:02 AM
  • Tue, Feb. 9, 5:30 PM
  • Tue, Jan. 12, 9:59 AM
    • Analytics firm IHS is 1.2% lower in early going after posting some dimmer guidance along with Q4 earnings where revenues missed expectations with no help from the company's exposure to energy companies.
    • Organic revenue growth was flat overall and EPS was unchanged Y/Y. The company noted solid profit and margin expansion, with EBITDA (including discontinued operations) of $200M, up 7%. Full-year margin expansion was 130 basis points.
    • Revenue by segment: Resources, $214.6M (down 9%); Transportation, $199M (up 12%); CMS, $142M (up 13%). By transaction type: Subscription revenues, $448.2M (up 6%); non-subscription, $107.5M (down 8%).
    • For 2016 -- including its acquisitions of CarProof and OPIS -- the company sees revenue of $2.3B-$2.38B (below an expected $2.398B), reflecting total organic growth of 0-3%; adjusted EBITDA of $770M-$800M (vs. expected $775M) and EPS of $6.00-$6.30, below consensus expectations for $6.41.
    • Conference call link
    | Tue, Jan. 12, 9:59 AM
  • Tue, Jan. 12, 6:09 AM
    • IHS (NYSE:IHS): Q4 EPS of $1.68 beats by $0.12.
    • Revenue of $588.68M (+1.1% Y/Y) misses by $10.7M.
    | Tue, Jan. 12, 6:09 AM
  • Mon, Jan. 11, 5:30 PM
  • Nov. 10, 2015, 7:58 AM
    • Markit (NASDAQ:MRKT) reports organic revenue rose 2.3% in Q3.
    • Segment revenue: Information: $126.1M (+2.2%); Processing: $61.3M (-15.1%); Solutions: $89.9M (+21.3%).
    • Operating expense rate increased 110 bps to 54%.
    • Adjusted EBITDA margin declined 240 bps to 44.9% for the quarter.
    | Nov. 10, 2015, 7:58 AM
Company Description
Markit Ltd. is a holding company, which provides financial information services. It operates through the following segments: Information, Processing, and Solutions. The Information segment provides enriched content comprising pricing and reference data, indices and valuation, and trading... More
Sector: Technology
Industry: Application Software
Country: United States