TransUnion total revenue was $563 million, an increase of 19 percent on an as reported and constant currency basis, compared with the second quarter of 2017.   Acquisitions accounted for a 5 percent increase in revenue.   

Net income attributable to TransUnion was $55 million, compared with $65 million in the second quarter of 2017. Diluted earnings per share was $0.29, compared with $0.34 in the second quarter of 2017.  Adjusted EBITDAwas $221 million, an increase of 19 percent on an as reported and constant currency basis compared with the second quarter of 2017.  Adjusted EBITDA margin was 39.2 percent, the same as the second quarter of 2017.

“TransUnion delivered another strong quarter with double-digit revenue, Adjusted EBITDAand Adjusted EPS growth,” said Jim Peck, President and CEO. “The growth continues to be broad based across our segments and is driven by our successful innovation, unique vertical positions and attractive international businesses.” “During the quarter, we closed three strategically significant acquisitions in Callcredit, iovation and Healthcare Payment Specialists.  Each of these acquisitions provides TransUnion with highly valuable data, capabilities and market scope that will contribute to the continuation of our strong growth track record. As we look ahead, we expect to deliver a strong second half and believe we are well positioned for 2019 and beyond.”

Second Quarter 2018 Segment Results U.S. Information Services (USIS) USIS revenue was $358 million, an increase of 20 percent compared with the second quarter of 2017.

  • Online Data Services revenue was $235 million, an increase of 23 percent over the prior year.
  • Marketing Services revenue was $56 million, an increase of 21 percent over the prior year.
  • Decision Services revenue was $67 million, an increase of 10 percent over the prior year.

International:  Revenue was $106 million, an increase of 22 percent (22 percent on a constant currency basis) compared with the second quarter of 2017.

  • Developed markets revenue was $43 million, an increase of 40 percent (37 percent on a constant currency basis) over the prior year.
  • Emerging markets revenue was $63 million, an increase of 12 percent (13 percent on a constant currency basis) over the prior year.

Consumer Interactive Consumer Interactive revenue was $118 million, an increase of 12 percent compared with the second quarter of 2017. Revenue in the second quarter of 2018 included approximately $5 million of incremental credit monitoring revenue due to a breach at a competitor.

Source:  TransUnion Earnings Release