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IHS Markit Reports Fourth Quarter 2018 Results
LONDON (January 15, 2019) - IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today reported results for the fourth quarter ended November 30, 2018.
Revenue of $1.068 billion, including total organic revenue growth of 5 percent
Net income of $81 million and diluted earnings per share (EPS) of $0.20
Adjusted EBITDA of $417 million and Adjusted earnings per diluted share (Adjusted EPS) of $0.57
Cash flow from operations of $358 million and free cash flow of $303 million
Adjusted EBITDA, Adjusted EPS, and free cash flow are non-GAAP financial measures used by management to measure operating performance. These terms are defined elsewhere in this release. Please see schedules appearing later in this release for reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures.
The following information was filed by Ihs Markit Ltd. (INFO) on Tuesday, January 15, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.