TransUnion Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024
July 25, 2024 at 06:22 am EDT
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TransUnion reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was USD 1,040.8 million compared to USD 968 million a year ago. Net income was USD 85 million compared to USD 53.9 million a year ago. Basic earnings per share from continuing operations was USD 0.44 compared to USD 0.28 a year ago. Diluted earnings per share from continuing operations was USD 0.44 compared to USD 0.28 a year ago. Basic earnings per share was USD 0.44 compared to USD 0.28 a year ago. Diluted earnings per share was USD 0.44 compared to USD 0.28 a year ago.
For the six months, sales was USD 2,062 million compared to USD 1,908.2 million a year ago. Net income was USD 150.1 million compared to USD 106.5 million a year ago. Basic earnings per share from continuing operations was USD 0.77 compared to USD 0.55 a year ago. Diluted earnings per share from continuing operations was USD 0.77 compared to USD 0.55 a year ago. Basic earnings per share was USD 0.77 compared to USD 0.55 a year ago. Diluted earnings per share was USD 0.77 compared to USD 0.55 a year ago.
TransUnion is a global information and insights company. The Company operates through three segments: U.S. Markets, International and Consumer Interactive. The U.S. Markets segment provides consumer reports, actionable insights and analytics to businesses. These businesses use its services to engage and acquire customers, assess consumer ability to pay for services, identify cross-selling opportunities, measure and manage debt portfolio risk, collect debt, verify consumer identities and mitigate fraud risk. The International segment provides services similar to its U.S. Markets segment to businesses in select regions outside the United States. The Consumer Interactive segment offers solutions that help consumers manage their personal finances and take precautions against identity theft. Services in Consumer Interactive include credit reports and scores, credit monitoring, identity protection and resolution, and financial management for consumers.
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