IHS Inc. (NYSE: IHS), the leading global source of critical
information and insight, is reaffirming its 2015 revenue, Adjusted
EBITDA (Earnings Before Interest, Taxes, Depreciation and
Amortization) and Adjusted EPS (earnings per diluted share)
guidance. The company plans to publicly reaffirm its earnings
guidance in a previously announced presentation at the Goldman
Sachs Technology and Internet Conference in San Francisco today,
February 12, 2015.
For the year ending November 30, 2015, IHS expects:
- Revenue in a range of $2.36 billion to
$2.40 billion, including 6-7 percent organic growth on the
subscription base and neutral non-subscription organic growth;
- Adjusted EBITDA in a range of $750
million to $770 million; and
- Adjusted EPS in a range of $6.10 to
$6.30 per diluted share.
The above outlook assumes no further currency movements,
acquisitions, divestitures, pension mark-to-market adjustments or
unanticipated events. See discussion of non-GAAP financial measures
toward the end of this release.
About IHS Inc. (www.ihs.com)
IHS Inc. (NYSE: IHS) is the leading source of information,
insight and analytics in critical areas that shape today’s business
landscape. Businesses and governments in more than 150 countries
around the globe rely on the comprehensive content, expert
independent analysis and flexible delivery methods of IHS to make
high-impact decisions and develop strategies with speed and
confidence. IHS has been in business since 1959 and became a
publicly traded company on the New York Stock Exchange in 2005.
Headquartered in Englewood, Colorado, USA, IHS is committed to
sustainable, profitable growth and employs about 8,800 people in 32
countries around the world.
IHS is a registered trademark of IHS Inc. All other company and
product names may be trademarks of their respective owners.
© 2015 IHS Inc. All rights reserved.
Use of Non-GAAP Financial Measures
Non-GAAP results are presented only as a supplement to our
financial statements based on U.S. generally accepted accounting
principles (GAAP). Non-GAAP financial information is provided to
enhance the reader’s understanding of our financial performance,
but none of these non-GAAP financial measures are recognized terms
under GAAP and non-GAAP measures should not be considered in
isolation or as a substitute for financial measures calculated in
accordance with GAAP. Our most recent non-GAAP reconciliations were
furnished as an exhibit to a Form 8-K on January 13, 2015, and are
available on our website (www.ihs.com).
We use non-GAAP measures in our operational and financial
decision-making, believing that it is useful to exclude certain
items in order to focus on what we deem to be a more reliable
indicator of ongoing operating performance and our ability to
generate cash flow from operations. As a result, internal
management reports used during monthly operating reviews feature
the Adjusted EBITDA, Adjusted net income, Adjusted EPS, and free
cash flow metrics. We also believe that investors may find non-GAAP
financial measures useful for the same reasons, although investors
are cautioned that non-GAAP financial measures are not a substitute
for GAAP disclosures.
Because not all companies use identical calculations, our
presentation of non-GAAP financial measures may not be comparable
to other similarly-titled measures of other companies. However,
these measures can still be useful in evaluating our performance
against our peer companies because we believe the measures provide
users with valuable insight into key components of GAAP financial
disclosures.
IHS Forward-Looking Statements:
This release contains “forward-looking statements” within the
meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking
statements can be identified by words such as: “anticipate,”
“intend,” “plan,” “goal,” “seek,” “aim,” “strive,” “believe,”
“project,” “predict,” "estimate," "expect," “continue,” "strategy,"
"future," "likely," "may," “might,” "should," "will," the negative
of these terms and similar references to future periods. Examples
of forward-looking statements include, among others, statements we
make regarding guidance relating to net income, net income per
share, and expected operating results, such as revenue growth and
earnings.
Forward-looking statements are neither historical facts nor
assurances of future performance. Instead, they are based only on
our current beliefs, expectations and assumptions regarding the
future of our business, future plans and strategies, projections,
anticipated events and trends, the economy and other future
conditions. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict and many of
which are outside of our control. Our actual results and financial
condition may differ materially from those indicated in the
forward-looking statements. Therefore, you should not rely on any
of these forward-looking statements. Important factors that could
cause our actual results and financial condition to differ
materially from those indicated in the forward-looking statements
include, among others, the following: economic and financial
conditions, including volatility in interest and exchange rates;
our ability to manage system failures, capacity constraints, and
cyber risks; our ability to successfully manage risks associated
with changes in demand for our products and services as well as
changes in our targeted industries; our ability to develop new
platforms to deliver our products and services, pricing, and other
competitive pressures, and changes in laws and regulations
governing our business; the extent to which we are successful in
gaining new long-term relationships with customers or retaining
existing ones and the level of service failures that could lead
customers to use competitors' services; our ability to successfully
identify and integrate acquisitions into our existing businesses
and manage risks associated therewith; our ability to satisfy our
debt obligations and our other ongoing business obligations; and
the other factors described under the caption “Risk Factors” in our
most recent annual report on Form 10-K, along with our other
filings with the U.S. Securities and Exchange Commission.
Any forward-looking statement made by us in this release is
based only on information currently available to us and speaks only
as of the date on which it is made. We undertake no obligation to
publicly update any forward-looking statement, whether written or
oral, that may be made from time to time, whether as a result of
new information, future developments or otherwise.
Please consult our public filings at www.sec.gov or www.ihs.com.
IHS Inc.News Media Contact:Dan Wilinsky, +1
303-397-2468dan.wilinsky@ihs.comorInvestor Relations
Contact:Eric Boyer, +1 303-397-2969eric.boyer@ihs.com
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