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TransUnion First Quarter 2014 Revenues Up 4.4% (constant currency)

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%.

TransUnion Q1 2014 ResultsAOperating 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

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