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Sep 30, 2020
Verisk Q3 2020 Earnings Report
Reported an increase in revenue and net income, driven by growth in underwriting and rating revenues and catastrophe modeling services.
Key Takeaways
Verisk reported a 7.6% increase in consolidated revenues and a 466% increase in net income for the third quarter of 2020. The company's adjusted EBITDA increased by 18.4%, and diluted EPS grew by 460%.
Consolidated revenues increased by 7.6%, with organic constant currency growth of 3.6%.
Net income increased by 466%, and adjusted EBITDA increased by 18.4%.
Diluted EPS increased by 460%, and diluted adjusted EPS increased by 17.9%.
The company repurchased $50 million of its shares during the quarter.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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