TransUnion Q1 2020 Earnings Report
Key Takeaways
TransUnion announced its Q1 2020 financial results, reporting an 11% increase in revenue to $688 million. The company highlighted its response to COVID-19, including transitioning to a work-from-home model and executing its Downturn Playbook. While the pandemic negatively impacted business volumes in mid-March, the company maintained a solid liquidity position.
Total revenue increased by 11% to $688 million.
Net income attributable to TransUnion was $70 million.
Adjusted EBITDA was $263 million with a margin of 38.3%.
Suspended full year 2020 guidance due to market uncertainty.
TransUnion
TransUnion
TransUnion Revenue by Segment
TransUnion Revenue by Geographic Location
Forward Guidance
Due to the global spread and unprecedented impact of COVID-19, TransUnion has suspended its full-year 2020 guidance. The company is also unable to provide second-quarter 2020 guidance. Instead, they provide a scenario-based outlook.
Revenue & Expenses
Visualization of income flow from segment revenue to net income