TransUnion Q1 2024 Earnings Report
Key Takeaways
TransUnion announced strong Q1 2024 results, exceeding financial guidance with a 9% revenue increase to $1,021 million. Net income rose to $65 million, with adjusted EBITDA at $358 million. The company is raising its 2024 revenue growth guidance to 5-6.5%.
Exceeded first quarter 2024 financial guidance, delivering first $1 billion revenue quarter in company history
Grew revenue by 9 percent, driven by U.S. mortgage, International and Emerging Verticals
Achieved key milestones in our transformation program, including significant hiring in our Global Capability Centers and migration of key applications onto OneTru solutions enablement platform
Raising 2024 financial guidance, we now expect to deliver 5 to 6.5 percent revenue growth for the year
TransUnion
TransUnion
TransUnion Revenue by Segment
TransUnion Revenue by Geographic Location
Forward Guidance
TransUnion is raising its 2024 guidance following first quarter outperformance and now expects to deliver 5 to 6.5 percent revenue growth for the year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income