Solutions that facilitate global commerce by enabling secure online transactions are in great demand in todays growing digital economy. CHICAGO, Oct. 27, 2020 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) (the Company) today announced financial results for the quarter ended September30, 2020. Diluted earnings per share was $0.53, compared with $0.48 for the third quarter of 2019. Target your marketing efforts more precisely to drive growth. A leading presence in more than 30 countries across five continents, TransUnion provides solutions that help create economic opportunity, great experiences and personal empowerment for hundreds of millions of people. Consumer Interactive revenue was $126 million, an increase of 3 percent compared with the fourth quarter of 2019. Employees also rated TransUnion 4.2 out of 5 for work life balance, 4.2 for culture and values and 3.8 for career opportunities. A leading presence in more than 30 countries across five continents, TransUnion provides solutions that help create economic opportunity, great experiences and personal empowerment for hundreds of millions of people. Dispute an item on your TransUnion credit report by mail. GAAP Outlook: For the first quarter of 2021, revenue is expected to be between $698 million and $707 million, an increase of 2 to 3 percent compared with 2020. Adjusted Diluted Earnings per Share is expected to be between $0.78 and $0.81, an increase of 6 to 10 percent. Africa revenue was $12 million, a decrease of 22 percent (a decrease of 10 percent on a constant currency basis) compared with the third quarter of 2019. Simpson Thacher & Bartlett LLP served as legal advisor to TransUnion. Golden Gate Capital is a San Francisco-based private equity investment firm with over $19 billion in cumulative committed capital. We continue to closely monitor the situation in all our markets. TransUnion engages in the provision of information and risk management solutions. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments. A leading presence in more than 30 countries across 5 continents, TransUnion provides solutions that help create economic opportunity, great experiences and personal empowerment for hundreds of millions of people. Adjusted EBITDA was $269 million for the quarter, a decrease of 2 percent (2 percent on a constant currency basis, 1 percent on an organic constant currency basis) compared with the fourth quarter of 2019. In addition, our board of directors and executive management team use Adjusted Revenue as a compensation measure under our incentive compensation plans. Net income attributable to TransUnion was $102 million for the quarter, compared with $83 million for the fourth quarter of 2019. Adjusted EBITDA is expected to be between $1.031 billion and $1.047 billion, a decrease of 1 to 3 percent. Adjusted Net Income was $153 million for the quarter, compared with$144 million for the fourth quarter of 2019. Neustar is an information services and technology company and a leader in identity resolution providing the data and technology that enable trusted connections between companies and people at the moments that matter most. TransUnion Consumer Solutions P.O. Box 2000 Chester, PA 19016-2000 Please note: We accept either standard or certified mail. Cancel Anytime Any statements made in this earnings release that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements. These adjustments include the same adjustments we make to our Adjusted Revenue, Adjusted EBITDA and Adjusted Net Income as discussed in the Non-GAAP Financial Measures section of our Earnings Release. Accordingly, the Company encourages investors, the media and others interested in TransUnion to review the information that it shares onwww.transunion.com/tru. Adjusted Diluted Earnings per Share was $3.00 for the year, compared with $2.79 in 2019. Adjusted Outlook: For the first quarter of 2021, Adjusted EBITDA is expected to be between $268 million and $275 million, an increase of 2 to 4 percent compared with 2020. The decrease in cash used in financing activities was due primarily to debt prepayments made in 2019. Excluding the impact of the revenue from the divestment of assets held for sale, revenue would have decreased 4 percent (8 percent on a constant currency basis) compared with the third quarter of 2019. TransUnion is a global information and insights company that makes trust possible in the modern economy. We are reinstating guidance for the fourth quarter and full year 2020. Like TransUnion, Neustar has built its brand and reputation on fostering trusted connections between consumers and businesses to help them transact with greater confidence. Capital expenditures were $214 million compared with $198 million in 2019. We will also remain disciplined in managing our cost structure and investment priorities as we adapt to the changing macro-economic landscape and the impact it is having on our businesses throughout the markets we serve. United Kingdom revenue was $51 million, an increase of 1 percent (a decrease of 1 percent on a constant currency basis). These statements are based on the current beliefs and expectations of TransUnions management and are subject to significant risks and uncertainties. TransUnion insights Based on 105 survey responses What people like Clear sense of purpose Ability to meet personal goals Time and location flexibility Areas for improvement Sense of belonging General feeling of work happiness Energizing work tasks The benefits were great Administrator II (Former Employee) - 555 West Adams - August 2, 2022 The revenue growth includes slightly less than 1 percent of benefit from acquisitions and slightly less than 1 percent of benefit from foreign exchange rates. The layoffs will impact dozens of departments and several hundred roles. This guidance is based on a number of assumptions that are subject to change, many of which are outside of the control of the Company. Continuously monitor your risk, improve decisions, take action and increase profitability. Availability of Information on TransUnions Website. TransUnion is a large American company that provides credit information and information management services to over 45,000 businesses and over 500 Consolidated Adjusted EBITDA margin is calculated using consolidated Adjusted Revenue and consolidated Adjusted EBITDA. Generally, this fair value calculation results in a reduction to the purchased deferred revenue balance. Eliminates the impact of excess tax benefits for share compensation. Tax rates used to calculate the tax expense impact are based on the nature of each item. Cover the complete customer acquisition cycle. Adjusted EBITDA was $61 million, a decrease of 2 percent compared with the fourth quarter of 2019. Tax rates used to calculate the tax expense impact are based on the nature of each item. We look forward to beginning a smooth integration of the two businesses, said Chris Cartwright, President and CEO, TransUnion. The combination of TransUnions powerful digital identity assets and Neustars distinctive data and identity resolution capabilities presents enormous opportunities ahead.. In addition, our board of directors and executive management team use Adjusted Revenue as a compensation measure under our incentive compensation plans. Adjusted EBITDA for the year was $1.045 billion, a decrease of 1 percent compared with 2019 (1 percent on a constant currency basis, flat on an organic constant currency basis). This earnings release also presents Adjusted Revenue, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Effective Tax Rate, Adjusted Net Income (Loss) and Adjusted Diluted Earnings per Share for all periods presented. We do this by providing a comprehensive picture of each person so they can be reliably and safely represented in the marketplace. -, North American Morning Briefing: Investors Return -3-, Wells Fargo Upgrades TransUnion to Overweight From Equalweight, Price Target is $88, TransUnion Announces Earnings Release Date for Fourth Quarter 2022 Results. In addition to new filings, the year saw several key decisions handed down by federal courts, shedd In addition to factors previously disclosed in TransUnions reports filed with the Securities and Exchange Commission and those identified elsewhere in this press release, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: failure to realize the benefits expected from the recent business acquisitions; the effects of pending and future legislation; risks related to disruption of management time from ongoing business operations due to the recent business acquisitions; macroeconomic factors beyond TransUnions control; risks related to TransUnions indebtedness and other consequences associated with mergers, acquisitions and divestitures, and legislative and regulatory actions and reforms. President, Chief Executive Officer & Director, Chief Financial Officer & Executive Vice President, Chief Information & Technology Officer, EVP. Capital expenditures were $132 million in both periods. Target your marketing efforts more precisely to drive growth. Diluted earnings per share is expected to be between $0.48 and $0.51, an increase of 31 to 39 percent. Consumer Interactive revenue was $132 million, an increase of 3 percent compared with the third quarter of 2019. Unemployment rose by 1.5 million in March, with a large increase in the number of job losers on temporary layoffthat is, those who were given a date to return to work or expected to return to work within 6 months. SCHEDULE 4TRANSUNION AND SUBSIDIARIESEffective Tax Rate and Adjusted Effective Tax Rate (Unaudited)(dollars in millions), SCHEDULE 5TRANSUNION AND SUBSIDIARIESSegment Depreciation and Amortization (Unaudited)(in millions), SCHEDULE 6TRANSUNION AND SUBSIDIARIESReconciliation of Non-GAAP Guidance (Unaudited)(in millions). Consisted of stock-based compensation and cash-settled stock-based compensation. Boston home security company SimpliSafe is shutting down its Taunton warehouse and laying off its 58 employees. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements. Total revenue for the quarter was $696 million, an increase of 1 percent (2 percent on a constant currency basis, 1 percent on an organic constant currency basis) compared with the third quarter of 2019. Business performance continues to benefit from re Accelerated investments in Global Solutions and Global Operations, acquired Tru Optik, prepaid $150 million of debt and delivered on critical milestones for Project Rise. Business combination accounting rules require us to record deferred revenue of acquired entities at fair value if we are obligated to perform any future services under these contracts. Emerging Verticals revenue, which includes Healthcare, Insurance and all other verticals, was $189 million, a decrease of 3 percent (4 percent on an organic basis) compared with the third quarter of 2019. Consolidated Statements of Cash Flows (Unaudited), Revenue, Adjusted Revenue, and Adjusted EBITDA growth rates as Reported, CC, Inorganic, Organic and Organic CC (Unaudited), Consolidated and Segment Revenue, Adjusted Revenue, Adjusted EBITDA, and Adjusted EBITDA Margins (Unaudited). Delivered another quarter of revenue growth with an attractive margin, and benefited from marketplace success as well as continued economic recovery in most markets. Better predict cash flow, maximize reimbursements & deliver a more efficient, stress-free patient experience. Other companies in our industry may define or calculate these measures differently than we do, limiting their usefulness as comparative measures. Organic growth rate is the reported growth rate less the inorganic growth rate. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are presented in the attached Schedules. Accordingly, the Company encourages investors, the media and others interested in TransUnion to review the information that it shares on www.transunion.com/tru. We are confident that these actions position TransUnion for continued superior financial and commercial performance in the future, he concluded. Reconciliation of net income attributable to TransUnion to consolidated Adjusted EBITDA: Net income from continuing operations attributable to TransUnion, Mergers and acquisitions, divestitures and business optimization, Net income attributable to TransUnion as a percentage of revenue. Eliminates the impact of excess tax benefits for share compensation. Healthcare) Nov 18 TransUnion Presentation at J.P. Morgan Ultimate Services Investor Conference Chris Cartwright, CEO; U.S. Markets revenue was $438 million, an increase of 4 percent (4 percent on an organic basis) compared with the third quarter of 2019. We call this Information for Good. Interest, taxes and depreciation and amortization, Stock-based compensation, mergers, acquisitions divestitures and business optimization-related expenses and other adjustments, Adjustments to diluted earnings per share. Canada revenue was $29 million, an increase of 4 percent (2 percent on a constant currency basis) compared with the fourth quarter of 2019. In addition, we had $300 million of undrawn capacity on our Senior Secured Revolving Credit Facility. TransUnion (NYSE: TRU) and Neustar Inc. (Neustar), today announced that TransUnion has completed its $3.1 billion acquisition of Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC. In addition, the revenue growth rates include a 2 percent headwind due to the projected decline in mortgage revenue. Net income attributable to TransUnion is expected to be between $321 million and $333 million, a decrease of 4 to 8 percent. Cash used in financing activities was $110 million compared with $373 million in 2019. TransUnion Should Be Able to Increase Revenue Even Amid Sector Headwinds, Morgan Stanle.. Stellex Capital Management LLC Acquires G2, LCI, and Fintellix. For the three months ended December 31, 2020, consisted of the following adjustments: a $(1.9) million gain from currency remeasurement of our foreign operations; a Under the credit agreement governing our Senior Secured Credit Facility, our ability to engage in activities such as incurring additional indebtedness, making investments and paying dividends is tied to a ratio based on Adjusted EBITDA. As it has been from the beginning of the pandemic, our primary focus continues to be the health and safety of our associates, our customers, and the wider communities in which we operate. Represents expenses associated with our accelerated technology investment. As a result of displaying amounts in millions, rounding differences may exist in the tables above and footnotes below. 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