Markit Ltd. (MRKT) Misses Q1 EPS by 1c
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Markit Reports First Quarter 2016 Financial Results
May 10, 2016 7:01 AM EDTLONDON & NEW YORK--(BUSINESS WIRE)-- Markit Ltd. (Nasdaq: MRKT), a leading global provider of financial information services, today announced financial results under International Financial Reporting Standards (IFRS) for the first quarter ended March 31st 2016.
Financial highlights for first quarter 2016
Revenue increased by 6.0% to $287.8 million from first quarter 2015, or 7.8% on a constant currency basis Organic revenue growth was 1.0% from first quarter 2015, driven by Information (+4.9%) and Solutions (+4.0%), partially offset by a 9.6% decrease in Processing Acquired revenue growth was 6.8% from first quarter 2015, driven by Information (+4.1%), Processing (+4.6%) and Solutions... More