IHS Markit reports a 1% annualised decline in its fourth-quarter revenue

IHS Markit reports a 1% annualised decline in its fourth-quarter revenue

IHS Markit Ltd. (NYSE: INFO) said on Wednesday that its adjusted profit in the fiscal fourth quarter topped analysts’ expectations. Revenue in Q4, however, came in line with what experts had forecast. The American-British information provider said that a few of its end markets that took a hit due to the ongoing Coronavirus pandemic continued to recover in recent months. Markit shares closed the regular session about 2% down on Wednesday. The stock is currently trading at £62.76 per share. In comparison, it had plummeted to as low as £33.28 per share in March 2020. Learn more about how do
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