TransUnion (NYSE:TRU) Files An 8-K Results of Operations and Financial Condition

TransUnion (NYSE:TRU) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition

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On February14, 2019, TransUnion (the “Company”) issued a press release announcing results for the quarter ended December31, 2018. A copy of the press release is attached and furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

A reconciliation of the revenue and operating loss of Callcredit Information Group, Ltd. for the twelve months ended December 31, 2018, as reflected in Note 2 to the consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2018, to the non-GAAP measures of Adjusted Revenue and Adjusted EBITDA, respectively, is attached and furnished herewith as Exhibit 99.2 and is incorporated herein by reference.

As discussed in the press release and in our Annual Report on Form 10-K for the year ended December 31, 2018, our disclosures around the disaggregation of our revenue and the measure of segment profit have been recast for all periods presented. A schedule that shows this new basis of accounting for each quarter of 2018 and for the full years of 2016, 2017 and 2018 is attached and furnished herewith as Exhibit 99.3 and is incorporated by reference.

The information furnished to this Item 2.02, including Exhibits 99.1, 99.2 and 99.3, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act.

Item 2.02Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

Description

Press release of TransUnion dated February14, 2019, announcing results for the quarter ended December 31, 2018.

Reconciliation of Callcredit revenue to Adjusted Revenue for the year ended December 31, 2018, reconciliation of Callcredit operating loss to Adjusted EBITDA for the year ended December 31, 2017 and 2018, reconciliation of the combined pro forma revenue to pro forma Adjusted Revenue for the years ended ended December 31, 2017 and 2018, and reconciliation of pro forma net income from continuing operations to pro forma Adjusted EBITDA for the years ended December 31, 2017 and 2018.

Schedule of Revenue, Adjusted Revenue, and Adjusted EBITDA by Segment; Growth rates for Revenue, Adjusted Revenue, and Adjusted EBITDA by Segment as Reported, Inorganic, Organic, and Organic CC; for the years ending December 31, 2018, 2017, and 2016; and quarters ending March 31, 2018, June 30, 2018, September 30, 2018, and December 31, 2018.

TransUnion Exhibit
EX-99.1 2 exhibit99112-31×2018.htm EXHIBIT 99.1 Exhibit Exhibit 99.1News ReleaseTransUnion Announces Strong Fourth Quarter and Full Year 2018 ResultsCHICAGO,…
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About TransUnion (NYSE:TRU)

TransUnion, formerly TransUnion Holding Company, Inc., is a risk and information solutions provider to businesses and consumers. The Company operates through three segments: US Information Services (USIS), International and Consumer Interactive. The USIS segment provides consumer reports, risk scores, analytical services and decisioning capabilities to businesses. The International segment provides services similar to its USIS segment to businesses in select regions outside the United States. The Company’s Consumer Interactive segment offers solutions that help consumers manage their personal finances and take precautions against identity theft. The Company has operations across various industry verticals, including financial services, insurance and healthcare. The Company has presence in over 30 countries across North America, Africa, Latin America and Asia.

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