Business News • MarketWire • TransUnion Reports First Quarter 2011 Results |
TransUnion Reports First Quarter 2011 Results |
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TransUnion Reports First Quarter 2011 Results
CHICAGO, IL--(Marketwire - May 9, 2011) - TransUnion Corp ("TransUnion", or the
"Company") today announced financial results for the quarter ended March
31, 2011. The Company reported revenue of $245.9 million for the first
quarter, an increase of 8.3 percent compared to the first quarter of 2010.
On a constant currency basis, revenues increased 5.9 percent compared to
the first quarter of 2010. Operating income was $55.1 million, an increase
of 19.5 percent compared to the first quarter of 2010. The net loss from
continuing operations attributable to Trans Union for the first quarter was
$25.4 million compared to income of $25.0 million in the first quarter of
2010, a decrease of $50.4 million. This decrease was primarily due to a
$59.3 million loss on the early extinguishment of debt(1) as a result of
refinancing the Company's senior secured credit facility in February 2011.
View More : http://www.marketwire.com/mw/release.do?id=1511650&sourceType=3
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