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AI English summary of an SEC filing — figures as filed

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The company said revenue for the Q2 2024 (3-month) period was $1,430.5 million, up 9% from $1,317.6 million a year earlier, and net income attributable to the parent was $163.9 million, up 19% from $138.3 million.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for the Q2 2024 (3-month) period was $1,430.5 million, up 9% from $1,317.6 million a year earlier, and net income attributable to the parent was $163.9 million, up 19% from $138.3 million.

  2. Equifax said Workforce Solutions revenue for Q2 was $612.9 million, up 5%, USIS revenue was $478.3 million, up 7%, and International revenue was $339.3 million, up 17% on a reported basis.

  3. The company reported operating cash flow of $520.2 million for the 6 months ended 2024, compared with $413.0 million a year earlier, and capital expenditures of $268.6 million for the same period.

  4. The company said it is maintaining its full-year 2024 guidance, with revenue of $5.690 billion to $5.750 billion and Adjusted EPS of $7.22 to $7.47. The outlook assumes a decline of about 11% in U.S. mortgage credit inquiries.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

Q2 2024 Revenue and Net Income

The company said revenue for the Q2 2024 (3-month) period was $1,430.5 million, up 9% from $1,317.6 million a year earlier, and net income attributable to the parent was $163.9 million, up 19% from $138.3 million.

Source · Based on the filing body and exhibits

Q2 Revenue by Segment

Equifax said Workforce Solutions revenue for Q2 was $612.9 million, up 5%, USIS revenue was $478.3 million, up 7%, and International revenue was $339.3 million, up 17% on a reported basis.

Source · Based on the filing body and exhibits

6-Month Operating Cash Flow and Capital Expenditures

The company reported operating cash flow of $520.2 million for the 6 months ended 2024, compared with $413.0 million a year earlier, and capital expenditures of $268.6 million for the same period.

Source · Based on the filing body and exhibits

Maintains Full-Year 2024 Guidance

The company said it is maintaining its full-year 2024 guidance, with revenue of $5.690 billion to $5.750 billion and Adjusted EPS of $7.22 to $7.47. The outlook assumes a decline of about 11% in U.S. mortgage credit inquiries.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.