Financial Info iStock_000024396800SmallInteractive Data’s fourth quarter 2014 revenue was $239.3 million, a 3.1% increase from $232.2 million in the fourth quarter of 2013.  Excluding the impact of changes in foreign exchange rates, Interactive Data’s organic (non-GAAP) revenue for the fourth quarter of 2014 grew by 4.3% from the same quarter last year. Interactive Data’s fourth quarter 2014 income from operations was $41.2 million compared to income from operations of $41.8 million in the fourth quarter of 2013. Non-GAAP Adjusted EBITDA (which excludes items that are either not part of the

Segment Reporting and Related Operating Highlights

Pricing and Reference Data Segment:

  • Interactive Data’s Pricing and Reference Data segment reported fourth quarter 2014 revenue of $167.3 million, a 2.7% increase over $162.9 million in the fourth quarter of 2013. Excluding the impact of changes in foreign exchange rates, fourth quarter 2014 organic (non-GAAP) revenue for this segment increased by 3.5% from the same period last year. The segment’s performance reflects growth in the Company’s evaluated pricing and reference data services across all geographic regions.

Trading Solutions Segment:

  • Interactive Data’s Trading Solutions segment generated fourth quarter 2014 revenue of $72.0 million, an increase of 3.9% over $69.3 million in the same period one year ago. Excluding the impact of changes in foreign exchange rates, fourth quarter 2014 organic (non-GAAP) revenue for this segment increased by 6.3% from the same period last year. Organic revenue growth was driven by recognition of both recurring and non-recurring revenue in the Company’s 7ticks trading infrastructure services and real-time feeds product areas in connection with large client implementations. This growth was partially offset by declines in the segment’s customized hosted web applications and workstations product areas.

Full Year 2014 Results:  For the full year ended December 31, 2014, Interactive Data reported revenue of $939.2 million, an increase of $34.1 million, or 3.8%, from $905.1 million in the same period last year. Excluding the effects of foreign exchange, organic revenue growth was 3.1% during 2014 due largely to continued expansion throughout the year within the Company’s Pricing and Reference Data segment, as well as the Company’s 7ticks trading solutions infrastructure services and real-time feeds product areas.

For the full year ended December 31, 2014, Interactive Data reported income from operations of $168.1 million, compared with $176.0 million in 2013. Non-GAAP Adjusted EBITDA (which excludes items that are not part of the Company’s ongoing core operations, or do not require a cash outlay, or are not otherwise expected to recur in the ordinary course) was $362.4 million in 2014, compared with $351.6 million in 2013.

Source:  Marketwired.com