secwatch.observer — SEC 8-K summary
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Issuer:     Verisk Analytics, Inc. (VRSK)
CIK:        0001442145
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001437749-23-029652
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verisk Q3 revenue up 11.1% to $677.6M; diluted adjusted EPS $1.52 (+26.7%)
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- Revenue $677.6M (+11.1% reported, +9.4% OCC); Underwriting +8.9%, Claims +16.4% drove Insurance segment growth.
- Diluted GAAP EPS $1.29 (+22.9%); adjusted EBITDA $366.0M (+12.5%); diluted adjusted EPS $1.52 (+26.7%).
- Recorded $19.2M litigation reserve expense related to indemnification for former Financial Services segment sold in April 2022.
- FY 2023 guidance unchanged: revenue $2.63-$2.66B, adjusted EBITDA $1.39-$1.43B, adjusted EPS $5.50-$5.70.
- Declared $0.34/share dividend payable Dec 29, 2023; repurchased $49.8M in Q3 at avg $239.20/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1442145/000143774923029652/0001437749-23-029652-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1442145/000143774923029652/vrsk20230811_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-029652

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