Courtesy of Benzinga.
IHS Inc. (NYSE: IHS) is reaffirming its 2011 and 2012 revenue and adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) guidance. The company plans to publicly reaffirm that earnings guidance in a previously announced conference presentation to be made today.
As discussed on the company’s November 3, 2011 conference call, IHS expects 2011 all-in revenue in a range of $1.307 billion to $1.337 billion and all-in adjusted EBITDA in a range of $399 million to $407 million. For the year ending November 30, 2012, IHS expects all-in revenue in a range of $1.50 billion to $1.55 billion and adjusted EBITDA in a range of $480 million to $495 million.
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