Verisk Reports Second-Quarter 2020 Financial Results
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UPDATE: Verisk Analytics (VRSK) Tops Q2 EPS by 10c, Revenues Miss
August 4, 2020 4:01 PM EDT(Updated - August 4, 2020 4:02 PM EDT)
Verisk Analytics (NASDAQ: VRSK) reported Q2 EPS of $1.29, $0.10 better than the analyst estimate of $1.19. Revenue for the quarter came in at $679 million versus the consensus estimate of $686.01 million.
Consolidated revenues were $679 million, up 4.0%, and up 1.1% on an organic constant currency (OCC) basis for the second quarter of 2020.
Net income was $179 million, up 19.0% for the second quarter of 2020. Adjusted EBITDA, a non-GAAP measure, was $348 million, up 14.5%, and up 12.4% on an OCC... More
