Verisk Analytics, Inc. (VRSK) Tops Q2 EPS by 1c
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Amortization of intangible assets: 23.81M
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Verisk Analytics, Inc. (NASDAQ: VRSK) reported Q2 EPS of $0.57, $0.01 better than the analyst estimate of $0.56. Revenue for the quarter came in at $423.5 million versus the consensus estimate of $422.78 million.
Scott Stephenson, president and chief executive officer, said, "Our second-quarter revenue growth was good, driven by very strong performance in our insurance units. The outlook for our financial business remains excellent, and we continue to expect mid teens growth for Verisk Health for the full year 2014. I am pleased with the efforts of all our people as they work to create the next generation of innovative solutions for our customers. We remain focused on driving long-term organic growth for Verisk and feel good about our asset mix, even as we continue to explore acquisitions that are a strong strategic fit."
For earnings history and earnings-related data on Verisk Analytics, Inc. (VRSK) click here.
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