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IHS
IHS reported a surge in its fiscal fourth-quarter earnings.
IHS's quarterly profit rose to $46.4 million, or $0.69 per share, from $22.7 million, or $0.34 per share, in the year-ago period.
Its revenue climbed 12% to $414.4 million. However, analysts were expecting earnings of $1.11 per share on revenue of $410 million.
Its operating margin rose to 13.4% from 7.1%.
IHS shares closed at $96.90 yesterday.
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