Verisk Analytics (VRSK) Misses Q1 EPS by 5c

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Go back to Verisk Analytics (VRSK) Misses Q1 EPS by 5c

Verisk Reports First-Quarter 2022 Financial Results

May 3, 2022 4:10 PM EDT

Consolidated revenues were $775.5 million, up 6.8%, and up 5.3% on an organic constant currency (OCC) basis for the first quarter of 2022.Net income attributable to Verisk was $505.7 million, up 199.9% for the first quarter of 2022. The increase was primarily related to $450.8 million gain from the sale of our environmental health and safety business (3E), partially offset by the $73.7 million long-lived asset impairment associated with the sale of our Financial Services segment. Adjusted EBITDA, a non-GAAP measure, was $359.3 million, up 4.0%,... More