BKI - Black Knight beats Q1 top and bottom line estimates; suspends FY23 outlook

2023-05-04 08:31:07 ET

• Black Knight press release ( NYSE: BKI ): Q1 Non-GAAP EPS of $0.56 beats by $0.06 .
• Revenue of $382.2M (-1.3% Y/Y) beats by $6.49M .
• Adjusted EBITDA of $180.7 million, a decrease of 5%; Adjusted EBITDA margin was 47.3% compared to 49.2%
• Adjusted operating income of $142.6 million, a decrease of 6%; Adjusted operating margin of 37.3% compared to 39.2%.
• Business Outlook: As a result of the proposed ICE Transaction, Black Knight has suspended the practice of providing forward-looking guidance. In addition, Black Knight will not be hosting a conference call related to its first quarter 2023 financial results.

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