IHS INC.
For the year ending
-
Revenue at the mid-point of the range of
$2.30 billion to $2.34 billion , including the low end of 5-6 percent subscription organic growth, negative non-subscription organic growth, and total organic growth of 1-2 percent; -
Adjusted EBITDA toward the high end of the range of
$725 million to$740 million ; and -
Adjusted EPS toward the high end of the range of
$5.80 to $6.00 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 at the end of this release.
About
IHS is a registered trademark of
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
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
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151110005026/en/
Source:
IHS Inc.
News Media Contact:
Dan Wilinsky, +1
303-397-2468
dan.wilinsky@ihs.com
or
Investor
Relations Contact:
Eric Boyer, +1 303-397-2969
eric.boyer@ihs.com
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