secwatch.observer — SEC 8-K summary
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Issuer:     TransUnion (TRU)
CIK:        0001552033
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0001552033-23-000047
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TransUnion reports Q3 net loss of $400M on $495M UK goodwill impairment; cuts FY revenue growth to 2-3%
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- Revenue $969M (+3% YoY); GAAP diluted EPS $(2.07) vs $0.41; adjusted EPS $0.91 vs $0.93.
- Non-cash goodwill impairment of $495M for UK reporting unit due to worsening macro conditions affecting FinTech lenders.
- U.S. Markets revenue +2%; International +12% (India +26%); Consumer Interactive -3%.
- Prepaid $75M debt in Q3, YTD $225M; cash from operations $444M for nine months.
- FY2023 guidance revised: revenue growth 2-3%, adjusted EBITDA $1.32-1.333B, adjusted EPS $3.24-3.28.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1552033/000155203323000047/0001552033-23-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1552033/000155203323000047/ck0001552033-20231024.htm
  HTML page:      https://secwatch.observer/filing/0001552033-23-000047

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