TransUnion exceeded its second-quarter guidance and raised its full-year outlook, reporting a 15% increase in reported revenue and 10% organic constant currency growth. US markets revenue grew 11% organically, led by an 18% jump in Financial Services, while International revenue accelerated to 6% organic growth. Adjusted diluted earnings per share rose 13% to $1.23, and the company repurchased roughly $150 million in shares year-to-date while reducing its leverage ratio to 2.6 times. For the full year, TransUnion now expects 8% to 9% organic constant currency revenue growth, 10% to 11% adjusted EBITDA growth, and 11% to 12% adjusted diluted EPS growth. Third-quarter guidance calls for revenue between $1.292 billion and $1.310 billion, adjusted EBITDA between $455 million and $463 million, and adjusted diluted EPS between $1.18 and $1.21.
TransUnionraised full-year guidance after strong Q2 revenue and earnings beat, with share buybacks and leverage reduction
Fair Isaac Corporation