IHS posts 12 pct rise in first-quarter revenue

March 21 Thu Mar 21, 2013 6:00am EDT

March 21 (Reuters) - IHS Inc, publisher of Jane's Defence Weekly, posted higher quarterly revenue on a 13 percent rise in subscription revenue.

Net income rose to $24.7 million, or 37 cents per share, in the first quarter from $23.5 million, or 35 cents per share, a year earlier.

Revenue for the company, which provides analysis and information services in areas including energy, product design and environment, rose 12 percent to $383 million.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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