Tuesday, January 8, 6:06 AMIHS Inc (IHS): Q4 EPS of $1.21 beats by $0.10. Revenue of $414M (+12% Y/Y) beats by $5M. (PR)
Thursday, September 20, 2012, 2:00 PM
IHS (IHS -18.6%) is having a very ugly day after missing FQ3 estimates and offering weak guidance. The research/information services provider now expects FY12 revenue of $1.515B-$1.535B and EPS of $3.77-$3.89, below a consensus of $1.57B and $3.98. The disappointing performance is blamed on poor non-subscription sales, which in turn are attributed to customers delaying capital decisions. (PR)
Comment![Tech, Earnings, On the Move]
Thursday, September 20, 2012, 7:10 AMIHS Inc. (IHS): FQ3 EPS of $0.99 misses by $0.02. Revenue of $386M (+13.9% Y/Y) misses by $20M. (PR)
Friday, June 22, 2012, 3:28 PM
IHS (IHS +5.2%) says its largest stakeholder's upsized offering of 8.7M shares of its stock priced at $100, a 1.8% discount to their Thursday closing price. Analysts say shares were up because the sale should improve liquidity of the stock and the sale was already factored in when it was unveiled Monday.
Comment![Tech, On the Move]
Monday, June 18, 2012, 4:22 PM
More on IHS (IHS): FQ2 beats across the board on a 22% jump in total revenue. Top line growth was solid, with organic revenue growth coming in at 7% overall, including 14% growth from acquisition-related activities and 8% for its subscription-based business. Shares -2.% AH.
Comment![Earnings, On the Move]
Monday, June 18, 2012, 4:06 PMIHS (IHS): FQ2 EPS of $0.97 beats by $0.03. Revenue of $387M (+20% Y/Y) beats by $4M. Shares -0.9% AH. (PR)
Tuesday, June 12, 2012, 4:37 PM
Industry research firm/information provider IHS is acquiring GlobalSpec, an information provider for engineers, from Warburg Pincus for $135M in cash. GlobalSpec has over 7M registered users, and the company employs about 230 people. IHS says it paid "a strategic double-digit EBITDA multiple" to acquire the company. (PR)
Monday, June 4, 2012, 2:15 PM
Information provider IHS (IHS +1%) is lifted to Overweight from Equal Weight at Barclays, with a $115 price target from a previous $100, due to strong growth potential, steady execution by a solid management team, lower ERP implementation risks, and new product introductions and cross-sell ability.
Comment![Tech, Quick Ideas]
Thursday, March 22, 2012, 3:38 PM
IHS (IHS -4.8%) slides after its FQ1 results came in short of Street estimates earlier today. Earnings fell 26%, primarily on restructuring charges. Separately, the company also unveiled plans to acquire market-research and consultancy provider IMS Research for $46M. Jefferies downgrades the shares to Neutral on the back of the report.
Comment![Earnings, On the Move]
Thursday, March 22, 2012, 6:41 AMIHS (IHS): FQ1 EPS of $0.77 misses by $0.05. Revenue of $343M (+17.1% Y/Y) misses by $14M. (PR)
Friday, January 6, 2012, 1:42 PM
IHS (IHS +2%) gains after its FQ4 beat estimates on a big jump in revenue, which helped to offset sharply higher pension expenses. Acquisitions added 17% to its bottom line, putting organic revenue growth at 9.4% for the year. Subscription revenue, the largest component of its top line, climbed 21% from a year earlier to $273M.
Comment![On the Move]