TransUnion Q2 2023 Earnings Report
Key Takeaways
TransUnion announced its Q2 2023 financial results, reporting a 2% increase in revenue (3% on a constant currency basis) driven by the International segment. The company prepaid $75 million in debt during the quarter and is maintaining its full-year 2023 guidance.
Revenues grew by 2 percent, or 3 percent on a constant currency basis, driven by strength in International.
Prepaid $75 million in debt in the quarter and intend to make additional prepayments throughout the year.
Announced a strategic partnership and minority investment in Truework.
Maintaining 2023 full-year guidance.
TransUnion
TransUnion
TransUnion Revenue by Segment
TransUnion Revenue by Geographic Location
Forward Guidance
TransUnion expects to deliver improving results with accelerating revenue and earnings growth in the second half of the year and is maintaining its 2023 full-year guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income