Verisk reported a 10.4% increase in consolidated revenues, reaching $690 million in Q1 2020. Net income rose by 27.8% to $172 million, and diluted EPS increased by 28.4% to $1.04. The company returned $218 million to shareholders through dividends and repurchases, reflecting the resilience of its business model.
Consolidated revenues increased by 10.4% to $690 million, with 5.0% organic constant currency (OCC) growth.
Net income increased by 27.8% to $172 million.
Diluted GAAP earnings per share (EPS) increased by 28.4% to $1.04.
The company repurchased $174 million of its shares during the quarter.
No specific forward guidance was provided in the release.
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