Revenue from Tax & Accounting's Corporate segment was up 7 percent while Knowledge Solutions income fell by 1 percent. The small Government business saw a $2-million decline in revenue. Adjusted EBITDA was $141 million, a rise of 24 percent from a year earlier.
Company-wide revenue hit $2.82 billion in the most recently ended period, up 1 percent from $2.02 billion a year ago. Earnings were $314 million, a rise of 15.4 percent from $272 million in last year's corresponding period.
Given previous declines in total revenue, CEO James Smith was upbeat about progress. In a recent earnings call, he said because of a strong start to 2017, "We are positive we can deliver on our financial commitments."
The company continued to report progress in its Financial & Risk business, which had dragged down results for several quarters.