Verisk Analytics (VRSK) Tops Q2 EPS by 12c
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Verisk Reports Second-Quarter 2022 Financial Results
August 2, 2022 4:10 PM EDTConsolidated revenues were $746.3 million, down 0.2%, and up 5.3% on an organic constant currency (OCC) basis for the second quarter of 2022. The decline in our consolidated revenue was primarily due to the sale of our environmental health and safety business (3E) and Verisk Financial Services segment.Net income attributable to Verisk was $197.7 million, up 28.4% for the second quarter of 2022. Adjusted EBITDA, a non-GAAP measure, was $380.8 million, up 2.7%, and up 4.4% on an OCC basis.Diluted GAAP earnings per share (diluted EPS) attributable to Verisk were $1.24 for the second quarter of 2022, up 31.9%. Diluted adjusted earnings per share (diluted adjusted EPS), a non-GAAP... More
