IHS Markit Reports Second Quarter 2019 Results
IHS Markit Ltd. Common Shares (INFO)
Last ihs markit ltd. common shares earnings: 3/24 06:00 am
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Source: Business Wire
LONDON--(BUSINESS WIRE)--IHS Markit (Nasdaq:INFO), a world leader in critical information, analytics and solutions, today reported results for the second quarter ended May 31, 2019.Revenue of $1.136 billion, including total organic revenue growth of 5 percentNet income of $149 million and diluted earnings per share (EPS) of $0.37Adjusted EBITDA of $465 million and Adjusted earnings per diluted share (Adjusted EPS) of $0.71Cash flow from operations of $425 million and free cash flow of $358 millionAdjusted 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.Second Quarter and Year-to-Date 2019 Financial Performance Three months ended May 31, Change Six months ended May 31, Change(in millions, except percentages
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