This week Equifax, TransUnion and Moody’s were the first credit information companies who reported their Q3 results. Here is a summary of their revenue growth by product lines:
Equifax reported revenue of $804.1 million in the third quarter of 2016, a 20 percent increase from the third quarter of 2015 on a reported basis and up 23 percent on a local currency basis.
US CIS total revenue was $317.4 million in the third quarter of 2016 compared to $292.5 million in the third quarter of 2015, an increase of 9 percent. International total revenue was $214.3 million in the third quarter of 2016, up 47 percent from the third quarter of 2015 and a 60 percent increase on a local currency basis, buoyed largely by the Veda acquisition. Workforce solutions total revenue was $171.3 million in the third quarter of 2016, a 23 percent increase from the third quarter of 2015. Global Consumer Solutions total revenue was $101.1 million, a 12 percent increase from the third quarter of 2015 and up 14 percent on a local currency basis.
TransUnion total revenue was $438 million, an increase of 12 percent (13 percent on a constant currency basis).
U.S. Information Services (USIS): USIS revenue was $273 million, an increase of 14 percent compared with the third quarter of 2015. International: International revenue was $82 million, an increase of 20 percent (22 percent on a constant currency basis) compared with the third quarter of 2015. Acquisitions accounted for an 11 percent increase in revenue. Consumer Interactive revenue was $97 million, an increase of 2 percent compared with the third quarter of 2015.
Moody’s Corporation reported revenue of $917.1 million for the three months ended September 30, 2016, up 10% from the same period of 2015.
Moody’s Investors Service (MIS) reported record third quarter global revenue in 2016 of $612.3 million, up 12% from the prior-year period. Global revenue for Moody’s Analytics (MA) for the third quarter of 2016 was $304.8 million, up 6% from the third quarter of 2015. MA’s US revenue was $154.4 million, up 19%, while its non-US revenue was $150.4 million, down 4%. Foreign currency translation unfavorably impacted MA revenue by 3%.
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Source: Company Earnings Releases
