TransUnion has released its financial results for the second quarter of 2024, reporting a strong performance that exceeded financial guidance. The company's revenue increased by 8% on a constant currency basis. In U.S. Markets, revenue grew by 10%, driven by Financial Services and Insurance, while International revenue experienced a 6% growth on an organic constant currency basis, with notable contributions from India, Canada, and Africa. Net income attributable to TransUnion for the quarter was $110 million, up from $85 million in the same period of 2024. This resulted in a net income margin of 9.6%, compared to 8.2% in the previous year. Diluted earnings per share also rose to $0.56 from $0.44. Adjusted net income stood at $213 million, an increase from $193 million in the second quarter of 2024, and adjusted diluted earnings per share was $1.08, compared to $0.99 previously. Adjusted EBITDA for the quarter reached $407 million, marking an 8% increase from $377 million in the second quarter of 2024, with an adjusted EBITDA margin of 35.7%, slightly down from 36.2% in the previous year. Looking ahead, TransUnion has raised its 2025 guidance, now expecting revenue growth of between 6% and 7%, reflecting strong results in the first half of the year and ongoing business momentum.
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