•
Sep 30, 2022
Verisk Q3 2022 Earnings Report
Verisk's Q3 2022 financial results were reported, showing a mix of revenue performance and strategic shifts.
Key Takeaways
Verisk reported a decrease in consolidated revenues by 1.8%, but an increase of 4.8% on an organic constant currency basis. Net income attributable to Verisk decreased by 6.1%. Diluted EPS decreased by 3.2%, while diluted adjusted EPS increased by 1.4%.
Consolidated revenues decreased by 1.8%, but increased by 4.8% on an organic constant currency (OCC) basis.
Net income attributable to Verisk decreased by 6.1%.
Diluted GAAP earnings per share (diluted EPS) decreased by 3.2%.
The company repurchased $300.0 million of its shares during the third quarter of 2022.