Earnings release
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EX - 99.1 2 exhibit9913312021.htm EX - 99.1 tu ) Exhibit 99.1 • TransUnion News Release TransUnion Announces Strong First Quarter 2021 Results Delivered strong growth with contributions from all three segments , driven by an accelerated economic recovery across most markets during the quarter and the benefit from ongoing business wins . Increased full year 2021 financial guidance to reflect first quarter out - performance and a more bullish view of the remainder of the year . • Continuing to aggressively invest to position TransUnion for long - term sustained growth . CHICAGO , April 27 , 2021 - TransUnion ( NYSE : TRU ) ( the “ Company ” ) today announced financial results for the quarter ended March 31 , 2021 . First Quarter 2021 Results Revenue : • Total revenue for the quarter was $ 745 million , an increase of 8 percent ( 8 percent on a constant currency basis , 7 percent on an organic constant currency basis ) compared with the first quarter of 2020 . Earnings : • • Net income attributable to TransUnion was $ 128 million for the quarter , compared with $ 70 million for the first quarter of 2020. Diluted earnings per share was $ 0.67 , compared with $ 0.37 for the first quarter of 2020 . Adjusted Net Income was $ 176 million for the quarter , compared with $ 141 million for the first quarter of 2020 . Adjusted Diluted Earnings per Share for the quarter was $ 0.91 , compared with $ 0.73 for the first quarter of 2020 . Adjusted EBITDA was $ 300 million for the quarter , an increase of 14 percent ( 13 percent on a constant currency basis , 14 percent on an organic constant currency basis ) compared with the first quarter of 2020. Adjusted EBITDA margin was 40.3 percent , compared with 38.3 percent for the first quarter of 2020 . " TransUnion delivered a strong quarter driven by accelerating macroeconomic recovery across most of our markets as well as the benefits of our diversified portfolio and ongoing business wins , " said Chris Cartwright , President and CEO . " As a result , we out - performed our guidance and have raised our outlook for the remainder of the year to reflect the stronger underlying business conditions , particularly in the U.S. , that have become more visible over the past several months . ” " As always , we remain focused on investing for long - term success and are benefiting from our Global Solutions and Global Operations as we continue to progress on - plan with Project Rise . "