earnings
confidence high
sentiment positive
materiality 0.80
UL Solutions Q2 revenue $816M (+5.2%), adj. EPS $0.59 (+13.5%), net income up 162% on gain
UL Solutions Inc.
- Revenue $816M, up 5.2% (6.6% organic); Industrial and Consumer segments led growth.
- Net income $254M (+161.9%) includes gain on sale of Employee Health & Safety software business.
- Adjusted EBITDA $219M (+11.2%); margin 26.8% expanded 140 bps on operating leverage.
- Diluted EPS $1.21 (+168.9%); Adjusted Diluted EPS $0.59 (+13.5%).
- Free cash flow $241M YTD; quarterly dividend $0.145/share paid in Q2.