Verisk said consolidated revenue for Q3 2024 rose 7.0% to $725 million, and income from continuing operations increased 17.4% to $220 million. The company said adjusted EBITDA, a non-GAAP measure, grew 9.4% to $401 million.

1. 01

   Verisk said consolidated revenue for Q3 2024 rose 7.0% to $725 million, and income from continuing operations increased 17.4% to $220 million. The company said adjusted EBITDA, a non-GAAP measure, grew 9.4% to $401 million.

2. 02

   The company said diluted GAAP earnings per share from continuing operations for Q3 rose 19.4% to $1.54, and diluted adjusted EPS, a non-GAAP measure, increased 9.9% to $1.67.

3. 03

   Verisk said net cash provided by operating activities for Q3 rose 18.4% to $296.2 million, and free cash flow increased 22.9% to $240.7 million. The company cited higher operating profit as the reason for the increase in operating cash flow.

4. 04

   Verisk Analytics said it completed the $400 million Accelerated Share Repurchase program it began in Q3 on October 25, 2024, repurchasing 1,515,616 shares at an average price of $263.92. The company said its full-year 2024 outlook is unchanged, with full-year revenue guidance of $2,840 million to $2,900 million.

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

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

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