IHS Inc. (NYSE: IHS), a leading global source of information and analytics, reported results for the first quarter ended February 28, 2013
- Revenue of $383 million, up 12 percent from the prior-year period
- Organic revenue growth rate of five percent overall, including eight percent for subscription-based business
- Adjusted EBITDA of $118 million, or 30.9 percent of revenue
- Non-GAAP earnings per diluted share (adjusted EPS) of $0.86, up 12 percent from the prior-year period
- Adjusted free cash flow of $112 million, up 47 percent from the prior-year period
First Quarter 2013 Segment Performance:
- Americas. First quarter revenue for the Americas increased $22 million, or 11 percent, to $229 million. First quarter adjusted EBITDA for the Americas increased $14 million, or 18 percent, to $94 million. First quarter operating income for the Americas increased $11 million, or 21 percent, to $62 million.
- EMEA. First quarter revenue for EMEA increased $10 million, or 10 percent, to $109 million. First quarter adjusted EBITDA for EMEA decreased $1 million, or four percent, to $24 million. First quarter operating income for EMEA decreased $5 million, or 24 percent, to $16 million, due in part to a loss on sale of assets.
- APAC. First quarter revenue for APAC increased $7 million, or 21 percent, to $44 million. First quarter adjusted EBITDA for APAC increased $2 million, or 23 percent, to $10 million. First quarter operating income for APAC increased $2 million, or 22 percent, to $10 million.
IHS is a global information company with world-class experts in the pivotal areas shaping today’s business landscape: energy, economics, geopolitical risk, sustainability and supply chain management.
Source: IHS Inc. Press Release
