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Sep 30, 2024
TransUnion Q3 2024 Earnings Report
TransUnion exceeded third quarter 2024 financial guidance for revenue and earnings.
Key Takeaways
TransUnion announced strong Q3 2024 results, exceeding financial guidance with a 12% revenue increase driven by U.S. Financial Services, Insurance, Consumer Interactive, and International segments. The company is also raising its 2024 financial guidance, now expecting 9 percent revenue growth for the year.
Revenue increased by 12% to $1,085 million.
Net income was $68 million, compared to a loss of $319 million in Q3 2023.
Adjusted EBITDA increased by 11% to $394 million.
Diluted earnings per share was $0.35, compared to a loss per share of $1.65 in Q3 2023.
TransUnion
TransUnion
TransUnion Revenue by Segment
TransUnion Revenue by Geographic Location
Revenue by Segment
U.S. Financial Services Revenue
CapyFin.comU.S. Emerging Verticals Revenue
CapyFin.comTotal Consumer Interactive Revenue
CapyFin.comRevenue by Geographic Location
Canada Revenue
CapyFin.comLatin America Revenue
CapyFin.comUnited Kingdom Revenue
CapyFin.comAfrica Revenue
CapyFin.comIndia Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.com Forward Guidance
TransUnion is raising its 2024 guidance and now expects to deliver 9 percent revenue growth.
Positive Outlook
- As reported revenue growth of 6% to 8%.
- Constant currency revenue growth of 6% to 8%.
- Organic constant currency revenue growth of 6% to 8%.
- Net income attributable to TransUnion margin of 6.4% to 7.4%.
- Adjusted EBITDA margin of 35.5% to 36.2%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income