Verisk Analytics (VRSK) Misses Q1 EPS by 2c, Revenues Beat
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Verisk Reports First-Quarter 2021 Financial Results
May 4, 2021 4:15 PM EDTConsolidated revenues were $726.1 million, up 5.3%, and up 3.4% on an organic constant currency (OCC) basis for the first quarter of 2021. Net income attributable to Verisk was $168.6 million, down 1.8% for the first quarter of 2021. Adjusted EBITDA, a non-GAAP measure, was $345.5 million, up 8.7%, and up 5.2% on an OCC basis. Diluted GAAP earnings per share attributable to Verisk (diluted EPS) were $1.03 for the first quarter of 2021, down 1.0%. Diluted adjusted earnings per share (diluted adjusted EPS), a non-GAAP measure, were $1.23, up 5.1%. Net cash provided by operating activities was $448.7 million, up 23.7% for the first quarter of 2021. Free... More
