TransUnion reported revenue of $303.4 million, an increase of 4.4% compared to the first quarter of 2013. Weakening foreign currencies accounted for a decrease in revenue of 2.0%. 2013 acquisitions accounted for an increase in revenue of 5.3%.
Operating income was $34.8 million, compared to $44.2 million in the prior year. Adjusted Operating Income was $34.8 million, compared to $43.1 million in the prior year. Adjusted EBITDA was $90.6 million, compared to $92.2 million in the prior year. Results were impacted by continued investments in strategic initiatives to drive long-term, diversified revenue growth and more efficient operations. Non-operating expense was $48.4 million, compared to $50.1 million for the first quarter of 2013. The net loss attributable to the company was $14.7 million for the first quarter of 2014, compared to $6.3 million for the first quarter of 2013.
Source: TransUnion Earnings Release
