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Verisk
🇺🇸 NASDAQ:VRSK
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•
Sep 30, 2024

Verisk Q3 2024 Earnings Report

Reported strong financial results, demonstrating the power of the subscription-based business model and value creation for clients.

Key Takeaways

Verisk reported consolidated revenues of $725 million, up 7.0%, and up 6.8% on an organic constant currency (OCC) basis. Income from continuing operations was $220 million, up 17.4%. Diluted GAAP earnings per share from continuing operations were $1.54, up 19.4%. Net cash provided by operating activities was $296 million, up 18.4% and free cash flow was $241 million, up 22.9%.

Consolidated revenues were $725 million, up 7.0%, and up 6.8% on an organic constant currency basis.

Income from continuing operations was $220 million, up 17.4%.

Diluted GAAP earnings per share from continuing operations were $1.54, up 19.4%.

Net cash provided by operating activities was $296 million, up 18.4% and free cash flow was $241 million, up 22.9%.

Total Revenue
$725M
Previous year: $678M
+7.0%
EPS
$1.67
Previous year: $1.52
+9.9%
Organic Constant Currency Revenue Growth
6.8%
Previous year: 9.4%
-27.7%
Gross Profit
$426M
Previous year: $393M
+8.4%
Cash and Equivalents
$459M
Previous year: $422M
+8.9%
Free Cash Flow
$241M
Previous year: $196M
+23.1%
Total Assets
$4.56B
Previous year: $4.36B
+4.6%

Verisk

Verisk

Forward Guidance

The Company's financial outlook for 2024 remains unchanged.

Company Overview

Full financial data and analysis

View Verisk