IHS Markit (NYSE:INFO), a world leader in critical information, analytics and solutions, today reported results for the first quarter of financial year 2021 (that is, the quarter ended February 28, 2021).

Revenue for Q1 2021 amounted to $1.120 billion, up 4% from the corresponding period a year earlier.

• Financial Services. First quarter revenue for Financial Services increased $49 million, or 11%, to $485 million, and included 10% total organic growth. First quarter Adjusted EBITDA for Financial Services increased $28 million, or 13%, to $233 million.
• Transportation. First quarter revenue for Transportation increased $15 million, or 5%, to $312 million, and included 4% total organic growth.
• Resources. First quarter revenue for Resources decreased $23 million, or 10%, to $203 million, and included a 10% decline in total organic growth.
• Consolidated Markets & Solutions (CMS). First quarter revenue for CMS decreased $1 million, or 1%, to $121 million, with a 1% decline in organic terms.

Net income for the three-month period to end-February 2021 was $149 million and diluted earnings per share (EPS) amounted to $0.37.

Adjusted EBITDA for Q1 2021 amounted to $467 million and Adjusted earnings per diluted share (Adjusted EPS) amounted to $0.71.

Let’s recall that, earlier in March, shareholders of IHS Markit voted to approve its merger with S&P Global. At a special general meeting of shareholders held on March 11, 2021, 98.95% of the votes cast were in favor of the proposed merger agreement.

IHS Markit anticipates that the closing of the merger will occur in the second half of 2021 pending antitrust and regulatory approvals, and satisfaction of other customary closing conditions.