Verisk Q1 2024 Earnings Report

Verisk reported consolidated revenues of $704 million, up 8.0%, and up 6.9% on an organic constant currency basis for the first quarter of 2024.

Key Takeaways

Verisk reported a solid start to 2024 with consolidated revenues of $704 million, up 8.0% (6.9% on an organic constant currency basis). Income from continuing operations was $219 million, up 12.9%, and diluted EPS was $1.52, up 19.7%. The company is executing its growth strategy with investments in data, new technologies, and strategic client engagement.

Consolidated revenues increased by 8.0% to $704 million, with a 6.9% increase on an organic constant currency basis.

Income from continuing operations rose by 12.9% to $219 million.

Diluted GAAP earnings per share increased by 19.7% to $1.52.

Net cash provided by operating activities was $372 million, up 1.9%, and free cash flow was $317 million, up 4.2%.