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Jun 30, 2024
Verisk Q2 2024 Earnings Report
Verisk's financial results for Q2 2024 reflected strength in subscription-based model and cost discipline.
Key Takeaways
Verisk reported a 6.2% increase in consolidated revenues, reaching $717 million. Income from continuing operations rose by 50.7% to $308 million, and diluted EPS increased by 52.5% to $2.15. The company's free cash flow was $154 million, up 14.3% from the previous year.
Consolidated revenues increased by 6.2% to $717 million, with a 6.0% increase on an organic constant currency basis.
Income from continuing operations increased by 50.7% to $308 million.
Diluted GAAP earnings per share from continuing operations were $2.15, up 52.5%.
Free cash flow was $154 million, up 14.3%.
Verisk
Verisk
Forward Guidance
The company's financial outlook for 2024 remains unchanged.