OCC - Verisk Non-GAAP EPS of $1.51 beats by $0.10 revenue of $675M beats by $20.58M
2023-08-02 07:19:40 ET
- Verisk press release ( NASDAQ: VRSK ): Q2 Non-GAAP EPS of $1.51 beats by $0.10 .
- Revenue of $675M (+10.2% Y/Y) beats by $20.58M .
- Consolidated revenues were $675.0 million, up 10.1%, and up 9.8% on an organic constant currency ( OCC ) basis for the second quarter of 2023 reflecting strong growth in underwriting and claims.
- Expect consolidated revenue to be in the range of $2.63 billion to $2.66 billion, adjusted EBITDA to be in the range of $1.39 billion to $1.43 billion, and diluted adjusted EPS to be between $5.50 and $5.70 and expectations for adjusted EBITDA margins are unchanged at 53-54%.
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Verisk Non-GAAP EPS of $1.51 beats by $0.10, revenue of $675M beats by $20.58M