Adjusted EBITDA margin for the year was 38.5 percent, compared with 39.8 percent in 2019. As digital commerce continues to grow globally, were confident that TransUnions powerful digital identity assets, augmented by Neustars distinctive talent, data, digital resolution capabilities, and products and services will extend trust among consumers and businesses and enhance our position as a global information and insights company., This is an exciting milestone for Neustar, commented Charlie Gottdiener, President and CEO, Neustar. This session and the accompanying presentation materials may be accessed atwww.transunion.com/tru. The table above provides a reconciliation for revenue to Adjusted Revenue. These statements are based on the current beliefs and expectations of TransUnions management and are subject to significant risks and uncertainties. The decrease in cash used in financing activities was due primarily to debt prepayments made in 2019. Consisted of stock-based compensation and cash-settled stock-based compensation. 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 $(0.4) million recovery from the Fraud Incident (as defined in our Annual Report on Form 10-K for the year ended December 31, 2019), net of additional administrative expenses; and $0.9 million of deferred loan fees written off as a result of the prepayments on our debt.For the twelve months ended December 31, 2020, consisted of the following adjustments: $34.7 million for certain legal expenses; $0.9 million of deferred loan fees written off as a result of the prepayments on our debt; $0.2 million loss from currency remeasurement of our foreign operations; $0.2 million of fees related to our new swap agreements; a $(1.5) million recovery from the Fraud Incident, net of additional administrative expense; and $(0.4) million reimbursement of fees associated with the refinancing of our Senior Secured Credit Facility.For the three months ended December 31, 2019, consisted of the following adjustments: $13.0 million of fees related to the refinancing of our Senior Secured Credit Facility; $1.2 million of administrative expenses associated with the Fraud Incident offset by the $(0.3) million portion that is attributable to the non-controlling interest; $0.5 million of deferred loan fees written off as a result of the prepayments on our debt; a $(1.7) million gain from currency remeasurement; and a $(0.7) million reduction to expense for certain legal and regulatory matters.For the twelve months ended December 31, 2019, consisted of the following adjustments: $20.8 million of expenses (including $3.0 million of administrative expenses) associated with the Fraud Incident offset by the $(7.3) million portion that is attributable to the non-controlling interest; $13.0 million of fees related to the refinancing of our Senior Secured Credit Facility; $2.0 million of deferred loan fees written off as a result of the prepayments on our debt; a $0.1 million loss from currency remeasurement; and a $(0.7) million reduction to expense for certain legal and regulatory matters. Partial account number The above definitions apply to our calculations for the periods shown on Schedules 1 through 6. 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. Consolidated Adjusted EBITDA margin is calculated using consolidated Adjusted Revenue and consolidated Adjusted EBITDA. warning symbol black and white copy and paste. Our database contains more than 200 million files profiling nearly every credit-active consumer in the U.S. This allows financial results to be evaluated without the impact of fluctuations in foreign currency exchange rates and the impacts of recent acquisitions. Represents expenses associated with our accelerated technology investment. Adjusted EBITDA is expected to be between $1.031 billion and $1.047 billion, a decrease of 1 to 3 percent. Adjusted EBITDA margin was 38.8 percent, compared with 40.7 percent for the third quarter of 2019. As of September30, 2020 and September30, 2019, there were 1.3 million and 1.1million contingently-issuable performance-based stock awards outstanding that were excluded from the diluted earnings per share calculation, respectively, because the contingencies had not been met. 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. Neustar, a premier identity resolution company with leading solutions in Marketing, Fraud and Communications, enables customers to build connected consumer experiences by combining decision analytics with real-time identity resolution services driven by its OneID platform. 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. Canada revenue was $28 million, an increase of 2 percent (3 percent on a constant currency basis) compared with the third quarter of 2019. Adjusted Net Income was $153 million for the quarter, compared with$144 million for the fourth quarter of 2019. Reconciliation of net income attributable to TransUnion to Adjusted Net Income: Amortization of certain intangible assets, Total adjustments before income tax items, Change in provision for income taxes per schedule 4, Anti-dilutive weighted stock-based awards outstanding. Availability of Information on TransUnions Website. TransUnion Insurance Trends and 2023 Outlook Report Points to More Online Life Insuranc.. Neustar-Commissioned Study Shows Customer Experience Tied to Voice Channel. 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. These statements are based on the current beliefs and expectations of TransUnions management and are subject to significant risks and uncertainties. Sidley Austin served as legal advisor to GIC. For more information, visit www.goldengatecap.com. 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 A replay of the call will also be available at this website following the conclusion of the call. Dispute an item on your TransUnion credit report by mail. We call this Information for Good. GIC is a leading global investment firm established in 1981 to secure Singapores financial future. Determine which accounts you're most likely to collect from and apply strategies to collect more efficiently, Fight fraud more efficiently at the onset with TransUnion Fraud Detections and Prevention solutions, With TransUnion's ID Verification solutions, you'll know with whom you're engaging - before fraud occurs, TransUnion is your resource for guidance on growing your business through customer engagement, Gain agility in your decision-making process through our powerful analytics, Equip your organization with a plan to respond to a data breach or fraud event quickly and effectively, Improve the patient financial experience, streamline workflows and increase point-of-service collections, Capture hard-to-reach revenue to maximize reimbursements and improve your bottom line, Replace traditional credit applications and deliver an intuitive, consumer-friendly digital workflow, Best-in-class tools for driving profits throughout the entire resident journey, Get direct access to credit and non-credit data to create the right product suite for customers, Provide valuable credit education to your customersand gain a competitive edge, Gain a more complete view of consumers and their credit histories through greatly expanded information, Turn insights into smarter, more targeted and more actionable decisions, IDVision is a robust suite of solutions that enables you to make faster, more accurate decisions, Identify hard-to-find health insurance coverage to maximize reimbursements, Increase point-of-service collections and improve staff productivity with accurate patient payment estimates, A transformational analytics environment that puts the power of our deep data at your fingertips, Avoid skips, evictions and other bad resident outcomes within the multi-family market, Identify potential rate evasion before it impacts your book, Get a 360 view of people and businesses with one streamlined investigative risk-management tool, Access strategic auto finance solutions to find likely buyers, make loans more competitive and lower your risk, Foster greater investor confidence by analyzing and optimizing loan portfolios, Access tools and strategies to locate the right individuals and businesses for more efficient collections, Target and engage new prospects, generate valuable, new insights, and enhance the customer experience, Expand your credit unions lending and risk capabilities with a trusted partner, Powerful tools to optimize efficiency, minimize risk and gain deeper consumer insights for better decisioning, Be at the forefront of lending innovation by turning data into action. 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. Forward-looking statements include information concerning possible or assumed future results of operations, including our guidance and descriptions of our business plans and strategies. 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. 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. Actual results may differ materially from those described in the forward-looking statements. Forward-looking statements include information concerning possible or assumed future results of operations, including our guidance and descriptions of our business plans and strategies. Adjusted Net Income was $156 million for the quarter, compared with$146 million for the third quarter of 2019. We call this Information for Good. Adjusted EBITDA was $57 million, a decrease of 11 percent (8 percent on a constant currency basis) compared with the third quarter of 2019. Deutsche Bank acted as lead M&A advisor to TransUnion. We undertake no obligation to publicly release the result of any revisions to these forward-looking statements to reflect the impact of events or circumstances that may arise after the date of this press release. Disputes Disputes are an important tool to take control of your credit health. Africa revenue was $13 million, a decrease of 19 percent (13 percent on a constant currency basis) compared with the fourth quarter of 2019. Target your marketing efforts more precisely to drive growth. Healthcare) Nov 18 TransUnion Presentation at J.P. Morgan Ultimate Services Investor Conference Chris Cartwright, CEO; Cancel Anytime As of December31, 2020 and December31, 2019, there were 1.3 million and 1.1million contingently-issuable performance-based stock awards outstanding that were excluded from the diluted earnings per share calculation, respectively, because the contingencies had not been met. transunion layoffs 2020 https://web.sheikhkasem.com/9j1ozuqm/transunion-layoffs-2020 Net income attributable to TransUnion is expected to be between $321 million 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. Notable software and technology enabled services investments sponsored by Golden Gate Capital include Infor, BMC Software, LiveVox, Vector Solutions, Ex Libris, 2020 Technologies and Ensemble Health Partners. Deutsche Bank Securities Inc. also acted as lead financing arranger along with Bank of America, N.A., Capital One, N.A. Business performance continues to benefit from re-openings, government stimulus and our successful proactive efforts to support our associates, customers and consumers during the pandemic. It also provides consumer reports, risk scores, analytical services Organic growth rate is the reported growth rate less the inorganic growth rate. The above definitions apply to our calculations for the periods shown on Schedules 1 through 6. Diluted earnings per share is expected to be between $0.41 and $0.47, a decrease of 5 percent to an increase of 10 percent. Net income attributable to TransUnion was $343 million for the year, compared with $347 million for 2019. TransUnion is a large American company that provides credit information and information management services to over 45,000 businesses and over 500 We define Adjusted Diluted Earnings per Share as Adjusted Net Income divided by the weighted-average diluted shares outstanding. Better predict cash flow, maximize reimbursements & deliver a more efficient, stress-free patient experience. TransUnion Holding Company, Inc. has been renamed TransUnion and TransUnion Corp has been renamed TransUnion Intermediate Holdings, Inc. For year: All Select forms: All Forms Search text: 10 Section 16 filings Total results: 775 Date filed Filing Description View Oct 25, 2022 10-Q Quarterly Report Oct 25, 2022 8-K Current report filing Oct 06, 2022 Health care systems across the United States have faced severe losses since the pandemic, but SCHEDULE 3TRANSUNION AND SUBSIDIARIESAdjusted Net Income and Adjusted Earnings Per Share (Unaudited)(in millions, except per share data). The forward-looking statements contained in this earnings release speak only as of the date of this earnings release. The Adjusted EBITDA growth rates include approximately 1 percent of headwind from foreign exchange rates. This session and the accompanying presentation materials may be accessed at www.transunion.com/tru. TransUnion delivered a good quarter, achieving our Upside Case Outlook Scenario, including modest revenue growth at an attractive Adjusted EBITDA margin, said Chris Cartwright, President and CEO. We do this by providing a comprehensive picture of each person so they can be reliably and safely represented in the marketplace. In addition to new filings, the year saw several key decisions handed down by federal courts, shedd TransUnion (NYSE: TRU) (the Company) today announced financial results for the quarter and year ended December31, 2020. For the nine months ended September 30, 2020, cash provided by continuing operations was $558 million compared with $588 million in 2019. Organic CC growth rate is the CC growth rate less inorganic growth rate. 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. Adjusted Diluted Earnings per Share is expected to be between $0.74 and $0.80, a decrease of 1 percent to an increase of 7 percent. This allows financial results to be evaluated without the impact of fluctuations in foreign currency exchange rates. We define Adjusted Revenue as GAAP revenue adjusted for certain acquisition-related deferred revenue and non-core contract-related revenue as further discussed in the footnotes of the attached Schedules 1, 2, and 3. Net income attributable to TransUnion is expected to be between $321 million and $333 million, a decrease of 4 to 8 percent. TransUnion company profile. Adjusted Net Income was $577 million, compared with $536 million in 2019. We do this by providing a comprehensive picture of each person so they can be reliably and safely represented in the marketplace. Accordingly, the Company encourages investors, the media and others interested in TransUnion to review the information that it shares onwww.transunion.com/tru. While not all of the information that the Company posts to the TransUnion Investor Relations website is of a material nature, some information could be deemed to be material. Consolidated Adjusted EBITDA margin is calculated using consolidated Adjusted Revenue and consolidated Adjusted EBITDA. -, 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. Cash used in financing activities was $110 million compared with $373 million in 2019. Delivered another quarter of revenue growth with an attractive margin, and benefited from marketplace success as well as continued economic recovery in most markets. Real-time Estimate Cboe BZX Diluted earnings per share was $1.79 for the year, compared with $1.81 in 2019. In addition, we had $300 million of undrawn capacity on our Senior Secured Revolving Credit Facility. A replay of the call will also be available at this website following the conclusion of the call. 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. Neustar serves more than 8,000 clients worldwide, including 60 of the Fortune 100. For the three months ended September 30, 2020, consisted of the following adjustments: $4.2 million for certain legal expenses; $0.4 million of loan fees; a $(0.8) million gain from currency remeasurement of our foreign operations; a $(0.9) million recovery from the Fraud Incident (as defined in our Annual Report on Form 10-K for the year ended December 31, 2019), net of additional administration expenses; and $(0.3) million other. We are successfully working from home across the globe, and see no reason to rush our associates back into the office. Cash used in financing activities was $297 million compared with $487 million in 2019. 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. These statements often include words such as anticipate, expect, guidance, suggest, plan, believe, intend, estimate, target, project, should, could, would, may, will, forecast, outlook, potential, continues, seeks, predicts, or the negative of these words and other similar expressions. The revenue growth includes approximately 0.5 percent of benefit from acquisitions and 1 percent of benefit from foreign exchange rates. As a result, businesses and consumers can transact with confidence and achieve great things. TRANSUNION AND SUBSIDIARIESConsolidated Balance Sheets (Unaudited)(in millions, except per share data), TRANSUNION AND SUBSIDIARIESConsolidated Statements of Income (Unaudited)(in millions, except per share data). We present Adjusted Revenue as a supplemental measure of our revenue because we believe it provides meaningful information regarding our revenue and provides a basis to compare revenue between periods. There can be no assurance that the Company will achieve the results expressed by this guidance.
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