The Company reported revenue of $299.5 million, an increase of 2.7 percent compared to the third quarter of 2012. Weakening foreign currencies accounted for a decrease in revenue of 1.9 percent. Acquisitions accounted for an increase in revenue of 1.1 percent.

Operating income was $49.3 million for the third quarter of 2013, compared to $61.3 million for the third quarter of 2012. The Company reported a net loss of $3.4 million for the third quarter of 2013, compared to net income of $11.3 million for the third quarter of 2012.  Adjusted EBITDA(2) was $99.5 million, a decrease of 6.1 percent compared to the prior year.TransUnion Q3 2013

U.S. Information Services (USIS):  Total USIS revenue was $188.3 million, an increase of 1.2 percent compared to the third quarter of 2012.

  • Online Data Services revenue was $129.3 million, an increase of 0.7 percent compared to the third quarter of 2012, driven by an increase in average pricing and a slight increase in online credit report volumes.
  • Credit Marketing Services revenue was $31.5 million, a decrease of 3.7 percent compared to the third quarter of 2012, due primarily to a decrease in demand for custom data sets and archive information.
  • Decision Services revenue was $27.5 million, an increase of 10.0 percent compared to the third quarter of 2012, driven by revenue from our acquisition of eScan and organic growth in our healthcare business.
  • Operating income for USIS was $41.9 million for the third quarter of 2013, compared to $47.5 million for the third quarter of 2012. 3

International:  Total International revenue was $60.6 million, an increase of 1.3 percent compared to the third quarter of 2012.  Excluding the impact of foreign currencies and acquisitions, revenue increased 8.4 percent. Weakening foreign currencies accounted for a reduction in revenue of 9.2 percent.  Acquisitions accounted for an increase in revenue of 2.2 percent.

Developed markets revenue was $24.6 million, an increase of 7.9 percent compared to the third quarter of 2012. Excluding the impact of foreign currencies, revenue increased 10.8 percent compared to the third quarter of 2012.

  • Emerging markets revenue was $36.0 million, a decrease of 2.7 percent compared to the third quarter of 2012. Excluding the impact of weakening foreign currencies, revenue increased by 12.1 percent compared to the third quarter of 2012.
  • Operating income for International was $9.0 million for the third quarter of 2013, compared to $9.9 million for the third quarter of 2012.

Interactive revenue was $50.6 million, an increase of 10.5 percent compared to the third quarter of 2012, driven by an increase in the average number of subscribers and volume in our indirect channel and an increase in our average revenue per subscriber in our direct channel.  Operating income for Interactive was $16.7 million for the third quarter of 2013, compared to $20.4 million for the third quarter for 2012.

Year-to-Date 2013 Results

The Company reported revenue of $890.8 million for the first nine months of 2013, an increase of 4.1 percent compared to the first nine months of 2012. Weakening foreign currencies accounted for a reduction in revenue of 1.5 percent. Acquisitions accounted for an increase in revenue of 0.9 percent.

  • Revenue for U.S. Information Services was $560.0 million, an increase of 2.3 percent compared to the first nine months of 2012.
  • Revenue for International was $177.5 million, an increase of 2.1 percent compared to the first nine months of 2012. Excluding the impact of foreign currencies and acquisitions, revenue increased 6.4 percent compared to the first nine months of 2012.

Weakening foreign currencies accounted for a reduction in revenue of 7.4 percent.  Acquisitions accounted for an increase in revenue of 3.0 percent.

  • Revenue for Interactive was $ 153.3 million, an increase of 14.2 percent compared to the first nine months of 2012.

Operating income was $132.9 million for the first nine months of 2013, compared to $97.6 million for the first nine months of 2012. The first nine months of 2012 was adversely impacted by $90.6 million of 2012 Change in Control Transaction related expenses.

TransUnion has acquired eScan Data Systems Inc., an Austin-based company with a market-leading technology that helps hospitals and healthcare systems reduce uncompensated care costs by identifying patient coverage after services were provided.  eScan will be integrated into TransUnion’s healthcare business and will extend its solutions for managing uncompensated care from pre-screening through post-service and doubles the number of hospitals that deploy a TransUnion Healthcare reimbursement solution.

About:  TransUnion Healthcare offers a wide range of services for hospitals, from patient access to collections and recovery.  TU Healthcare empowers physician practices with Intelligence in an Instant®. This simple yet powerful concept allows TU to offer consumer data, patented scoring analysis and decisioning solutions that optimize practice management processes—and improve your bottom line.  TU Healthcare provides seamless data delivery into platforms, allowing access the consumer identity and financial information they need with a single log-in and one integrated solution.  Verify patient identity and self-reported information.  Make more objective ability-to-pay decisions. Screen patients for financial assistance. Improve point-of-service collections and reduce bad debt.

Source:  Trans Union Earnings Report