IHS Reaffirms 2011 Financial Guidance
September 13 2011 - 8:00AM
Business Wire
IHS Inc. (NYSE: IHS), the leading global source of information
and analysis, is reaffirming its 2011 revenue and adjusted EBITDA
(Earnings Before Interest, Taxes, Depreciation and Amortization)
guidance. The company plans to publicly reaffirm its previously
announced earnings guidance in London today.
As announced on August 11, 2011, for the year ending November
30, 2011, IHS expects all-in revenue in a range of $1.307 to $1.337
billion and all-in adjusted EBITDA in a range of $399 to $407
million.
For the third quarter of 2011, IHS expects the recently
announced SMT acquisition to push the company toward the higher end
of its previously announced adjusted EBITDA guidance range of
$97-99 million.
IHS completed its fiscal third quarter on August 31, 2011 and
will report its results for the quarter on September 21, 2011
before the open of market. In conjunction with the earnings
release, investors will have the opportunity to listen to IHS
senior management review its third quarter 2011 results via
conference call and webcast on September 21, 2011 at 8:00 a.m. EDT.
To hear the live event, visit the IHS website at
http://www.ihs.com/Investor-Relations/ir-calendar.htm and log on at
least 15 minutes prior to the start of the webcast.
About IHS
(www.ihs.com)
IHS (NYSE: IHS) is the leading source of information and insight
in critical areas that shape today’s business landscape, including
energy and power; design and supply chain; defense, risk and
security; environmental, health and safety (EHS) and
sustainability; country and industry forecasting; and commodities,
pricing and cost. Businesses and governments in more than 165
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 employs more than
5,100 people in more than 30 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.
Copyright © 2011 IHS Inc. All rights reserved.
IHS Forward-Looking Statements
This release may contain forward-looking statements as defined
in the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are statements that are not historical
facts. Such statements may include financial projections and
estimates and their underlying assumptions, statements regarding
plans, objectives and expectations with respect to future
operations, products and services, and statements regarding future
performance. Forward-looking statements are generally identified by
the words "expect," "anticipate," "believe," "intend," "estimate,"
"plan" and similar expressions. Although IHS and its management
believe that the expectations reflected in such forward-looking
statements are reasonable, investors are cautioned that
forward-looking information and statements are subject to various
risks and uncertainties—many of which are difficult to predict and
generally beyond the control of IHS—that could cause actual results
and developments to differ materially from those expressed in, or
implied or projected by, the forward-looking information and
statements. These risks and uncertainties include those discussed
or identified by IHS from time to time in its public filings. Other
than as required by applicable law, IHS does not undertake any
obligation to update or revise any forward-looking information or
statements. Please consult our public filings at www.sec.gov or
www.ihs.com.
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