Financial PerformanceAdjusted EPS beat expectations, mostly margin-driven, with adjusted EBITDA margins expanding 120bps y/y to 55.2% reflecting cost discipline.
Growth PotentialThere is high confidence in a good multi-year growth outlook for Verisk, with typical good structural growth potentially amplified by company initiatives and favorable end-market conditions.
Technological AdvancementVerisk has completed a significant cloud transition, which positions it ahead of the P&C insurance industry that has lagged behind many others in cloud transition.