secwatch.observer — SEC 8-K summary
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Issuer:     Verisk Analytics, Inc. (VRSK)
CIK:        0001442145
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0001437749-22-010670
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verisk Q1 revenue up 6.8% to $775.5M; CEO Stephenson to step down, CFO Shavel named CEO
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- Diluted GAAP EPS $3.13 (+203.9%) includes $450.8M gain from sale of 3E; diluted adjusted EPS $1.34 (+8.9%).
- Adjusted EBITDA $359.3M (+4.0% reported, +4.1% OCC); margin fell to 46.3% from 47.6%.
- Insurance segment revenue $586.4M (+9.5%); Underwriting & rating +10.3%, Claims +7.5%.
- Free cash flow $339.6M (-12.8%); repurchased $571.3M in shares; quarterly dividend $0.31.
- CEO Scott Stephenson departing; CFO Lee Shavel appointed as CEO, effective immediately.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1442145/000143774922010670/0001437749-22-010670-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1442145/000143774922010670/vrsk20220322_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-010670

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer