This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Verisk Analytics' CEO Discusses Q2 2012 Results - Earnings Call Transcript

Stocks in this article: VRSK

In Mortgage, we continue to see challenges in the market and our revenue declined due to the declining items of forensic review, but I would note that we continue to grow our underwriting solutions at a faster pace than the 2Q estimates for the origination market.

Overall, our consolidated organic revenue growth was 6.4% as we saw both a lighter quarter per storm activity and mortgage continue to weigh on growth. Excluding all historical mortgage business, organic revenue growth was 8.4%. Profitability remained strong with an EBITDA margin of 43.9% in the quarter.

We remain disciplined of our use of capital and are focused on delivering shareholder returns. We brought $68 million of shares in the quarter as we mange our buyback as part of our broader capital allocation plan. We continue to be active in looking at M&A but also continue to maintain our discipline, focusing on assets with a true strategic fit, strong financial model and appropriate value in relation to future growth.

The first half of 2012 has been solid and met expectations overall. I remain confident that behind the numbers we are doing the right things to position our business for future growth driven by delivering quality solutions to our customers.

Now, I'll turn it over to Scott to give you details about our progress in healthcare and other parts of the business.

Scott Stephenson

Thank you, Frank. I'm going to briefly update you on development in several of our business with an emphasis on innovations aimed at our customers' emerging needs and ways in which we are becoming more integral to their operation.

First, in the Healthcare vertical three items, the unified platform initiatives is proceeding in the first phase of integrating our payment integrity businesses has been largely completed. We are one month into hosting of large customer on the platform and then our teams are pleased with the results to-date. The efficacy of our real-time edits are increasing materially inside the new platform. In the next phase, we will leave our enterprise analytic solution into the platform as we also transition more customers to the platform. We are pleased to be meeting important milestones on time as we steam towards 2013 completion of the project.

Read the rest of this transcript for free on

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,439.00 +51.79 0.30%
S&P 500 2,029.39 -0.16 -0.01%
NASDAQ 4,692.5240 +11.0270 0.24%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs