S&p global reports first quarter results

Strong execution drives positive year-over-year reported revenue growth accelerating innovation evidenced by two new commercially available ai-powered kensho products company is providing gaap guidance and affirming non-gaap adjusted revenue growth, operating margin, and eps guidance $500 million asr executed, with additional $1 billion asr expected to launch in coming weeks divestiture of engineering solutions expected to close on may 2, 2023 new york , april 27, 2023 /prnewswire/ -- s&p global (nyse: spgi) today reported first quarter 2023 results with reported revenue of $3.16 billion, an increase of 32% compared to the same period last year, primarily due to the inclusion of ihs markit businesses, partially offset by declines in ratings revenue. gaap net income decreased 36% to $795 million and gaap diluted earnings per share decreased 45% to $2.47 primarily due to the gain on sale of cusip in the first quarter of 2022, and the increase in shares outstanding as a result of the merger with ihs markit.
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