IHS Inc. Beats on Top and Bottom Lines (IHS)

IHS Inc. IHS reports Q3 earnings of $0.76 versus consensus of $0.73. IHS Inc. reports revenues of $272 million versus consensus of $265.52 million. Revenues increased 14% year over year. "We were very pleased to see the results of our efforts translate into improving organic revenue growth and record financial performance," said Jerre Stead, IHS chairman and chief executive officer. "With the exciting additions of the Access Intelligence products, Atrion and Syntex, we made significant investments in the future success of our company." For the year ending November 30, 2010, IHS is increasing both its revenue and its Adjusted EBITDA guidance and expects: • All-in revenue in a range of $1.06 billion to $1.07 billion; and • All-in adjusted EBITDA in a range of $320 million to $324 million. For the year ending November 30, 2010, IHS also expects: • Depreciation and amortization expense to be in the range of $59-60 million; • Net interest expense to be approximately $1.5 million; • Stock-based compensation expense to be in the range of $66-67 million; and • Net pension expense to be in the range of $3-4 million.
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Posted In: EarningsGuidanceAfter-Hours CenterEnergyOil & Gas Equipment & Services
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