Solera Holdings (SLH) Tops Q3 EPS by 2c

Solera Holdings (NYSE: SLH) reported Q3 EPS of $0.80, $0.02 better than the analyst estimate of $0.78. Revenue for the quarter came in at $262.4 million versus the consensus estimate of $261.29 million.

"Solera reported solid third quarter results that were highlighted by total constant currency revenue growth of 21.9% and constant currency organic revenue growth of 5.6%, which represents the third consecutive quarter of accelerating organic growth," said Tony Aquila, Solera's founder, Chairman and Chief Executive Officer. "Our performance reflects early momentum in our Service, Maintenance and Repair investments, strong performance in our Driver Behavior and Monitoring platform and improving conditions in many of our markets. Additionally, we generated strong Adjusted EBITDA margins even as we continue to invest in Mission 2020 execution and integrate recently acquired businesses."

For earnings history and earnings-related data on Solera Holdings (SLH) click here.

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