Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- IHS Markit Ltd (NYSE:INFO) reported fourth-quarter revenue growth of 6% year-over-year to $1.18 billion and 10% on an organic basis, beating the consensus of $1.14 billion.
- Sales by segments: Financial Services $473 million (+3% Y/Y); Transportation $351 million (+12% Y/Y); Resources $215 million (+2 Y/Y); and Consolidated Markets & Solutions $137 million (+9% Y/Y).
- Adjusted EPS improved to $0.85 from $0.72 in 4Q20, beating the consensus of $0.83.
- The operating income increased to $761.6 million from $174.3 million a year ago, and the margin expanded to 64.7% from 15.7% last year.
- Adjusted EBITDA was $530.5 million, compared to $464.9 million in 4Q20, and margin improved by 311 bps to 45.1%.
- IHS Markit generated cash from operating activities for FY21 of $1.49 billion, compared to $1.14 billion a year ago. It held $293.1 million in cash and equivalents as of November 30, 2021.
- Price Action: INFO shares traded higher by 0.03% at $117.99 on the last check Friday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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