Verisk AnalyticsNASDAQ: VRSK

The data analytics and technology provider received accolades from Newsweek, Great Place to Work® and Latino Leaders The data analytics and technology provider received accolades from Newsweek, Great Place to Work® and Latino Leaders

Verisk (VRSK) is benefitting from a solid growth strategy, Mavera and Krug acquisitions, and rising liquidity amid susceptibility to security breaches in its computer networks.

JERSEY CITY, N.J., June 05, 2024 (GLOBE NEWSWIRE) -- Verisk Analytics, Inc. (Nasdaq: VRSK) (“Verisk” or the “Company”), a leading global data analytics and technology provider, today announced the Reference Yield and Total Consideration, each as summarized in the table below and as defined in the Offer to Purchase dated May 21, 2024 (as amended or supplemented from time to time, the “Offer to Purchase”), to be paid in connection with the previously announced cash tender offer (the “Tender Offer”) for up to $400,000,000 aggregate principal amount (the “Maximum Amount”) of its 4.000% Senior Notes due 2025 (the “Notes”).

JERSEY CITY, N.J., May 21, 2024 (GLOBE NEWSWIRE) -- Verisk Analytics, Inc. (Nasdaq: VRSK) (“Verisk” or the “Company”), a leading global data analytics and technology provider, today announced the pricing of an offering of $600 million of 5.250% Senior Notes due 2034 (the “Notes”). The closing of the offering is expected to occur on June 5, 2024, subject to satisfaction of customary closing conditions.

Verisk Analytics' (VRSK) robust growth strategy focuses on organic growth, product development and acquisitions. However, the risk of being confined to a single service offering remains a concern.

Verisk Analytics (VRSK) saw an increase in underwriting and rating, as well as claims revenues, which boosted their top line in the first quarter of 2024.

Verisk Analytics (VRSK) reported earnings of $1.63 per share for the quarter, exceeding the Zacks Consensus Estimate of $1.52 per share. This is an increase from earnings of $1.29 per share in the same quarter last year.

Verisk, a data analytics company, exceeded expectations for first-quarter profit due to high demand for its products used by property and casualty insurers to evaluate underwriting risks.

Verisk Analytics' (VRSK) revenues for the first quarter of fiscal year 2024 are expected to have been boosted by an increase in subscription revenue.