Verisk Analytics (VRSK) Tops Q4 EPS by 1c, Revenues Beat

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Go back to Verisk Analytics (VRSK) Tops Q4 EPS by 1c, Revenues Beat

Verisk Reports Fourth-Quarter 2019 Financial Results

February 18, 2020 4:30 PM EST

Consolidated revenues were $677 million for the fourth quarter of 2019, up 10.2%, and up 5.4% on an organic constant currency (OCC) basis.Net income was $132 million for the fourth quarter of 2019, down 9.6%. Adjusted EBITDA, a non-GAAP measure, was $319 million, up 10.3%, and up 9.0% on an OCC basis.Diluted GAAP earnings per share (GAAP EPS) were $0.80 for the fourth quarter of 2019. Diluted adjusted earnings per share (adjusted EPS), a non-GAAP measure, were $1.13.Net cash provided by operating activities was $176 million for the fourth quarter of 2019, up 1.7%. Free cash flow, a non-GAAP measure, was $112 million, up... More