Equifax reported revenue of $834.2 million in the third quarter of 2018, flat compared to the third quarter of 2017 and up 2 percent on a local currency basis. Net income attributable to Equifax of $38.4 million was down 60 percent compared to the third quarter of 2017. Third quarter diluted EPS attributable to Equifax was $0.32, down 60 percent compared to the third quarter of 2017.
“During the third quarter, we continued to make good progress on our transformation as we invest heavily in our infrastructure towards our goal of being an industry leader in technology and data security. These investments will enhance our ability to deliver unique data and insights to our customers to help them grow,” said Mark W. Begor, Chief Executive Officer of Equifax. “Third quarter was another step forward as we work towards returning to our normal growth mode. Our financial results in the quarter showed solid progress but were impacted by currency and the slowing U.S.mortgage market and international markets.”
Source: Equifax Earnings Release – To view segment results, please log on