IHS Inc. (NYSE: IHS), a leading global source of critical information and insight, reported strong results for the second quarter ended May 31, 2009. Revenue for the second quarter of 2009 totaled $235 million, a 14 percent increase over second quarter 2008 revenue of $207 million. Net income for the second quarter of 2009 was $32.0 million, or $0.50 per diluted share, compared to second quarter 2008 net income of $23.3 million, or $0.37 per diluted share.

Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) totaled $66.7 million for the second quarter of 2009, up 25 percent from $53.3 million in the second quarter of 2008. Adjusted earnings per diluted share were $0.64 for the second quarter of 2009, an increase of 39 percent over the prior-year period. Adjusted EBITDA and adjusted earnings per share are non-GAAP (Generally Accepted Accounting Principles) financial measures used by management to measure operating performance.

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