Total revenue was $475 million, an increase of 12 percent (11 percent on a constant currency basis) compared with the second quarter of 2016. Acquisitions accounted for a 1 percent increase in revenue. Net income attributable to TransUnion was $65 million compared with $17 million in the second quarter of 2016. Diluted earnings per share was $0.34 compared with $0.09 in the second quarter of 2016.
Adjusted EBITDA was $186 million, an increase of 17 percent (16 percent on a constant currency basis) compared with the second quarter of 2016. Adjusted EBITDA margin was 39.2 percent, an increase of 170 basis points compared with the second quarter of 2016. Adjusted Diluted Earnings per Share was $0.47, an increase of 26 percent compared with the second quarter of 2016.
“TransUnion delivered another strong quarter, highlighted by double-digit revenue, Adjusted EBITDA and Adjusted EPS growth while continuing to expand Adjusted EBITDA margin,” said Jim Peck, TransUnion’s president and chief executive officer. “We continue to see broad-based, innovation-driven growth across the company, and we are making strategic investments for future growth. Given our performance in the first half, we feel confident about the rest of the year and our long-term outlook.”
Source: TransUnion to read the segment results log on