Interactive Data’s second-quarter 2013 revenue increased 1.7% to $225.1 million from $221.2 million in the second quarter of 2012. Excluding the impact of changes in foreign exchange rates, Interactive Data’s organic (non-GAAP) second-quarter 2013 revenue grew 2.5% from the same quarter last year.
Interactive Data’s second-quarter 2013 income from operations was $49.6 million, a 29.5% increase over income from operations of $38.3 million in the same quarter one year ago. Non-GAAP adjusted EBITDA (which excludes items that are either 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) for the second quarter of 2013 increased 3.0% to $88.3 million from $85.7 million in the same quarter one year ago.
“In the face of market conditions that have remained suboptimal, we grew organic revenue, adjusted EBITDA and free cash flow during the second quarter of 2013,” stated Mason Slaine, Interactive Data’s chairman, president and chief executive officer. “Our organic revenue growth in the second quarter of 2013 reflects continued strength in our Pricing and Reference Data segment.”
Source: marketwire.com
