The Relative Strength in the Middle of a Market Weakness is now Making Sense: Verisk Analytics Delivers Strong Q1 Figures and Raises its Guidance. The Stock is Breaking out.
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Verisk Analytics (VRSK) is a leading provider of data analytics and technology solutions. It offers data-driven solutions, analytics, and software products that help insurers better understand, assess, and manage risks. The company delivered solid numbers for Q1 on Wednesday (May 7). It reported broad-based revenue growth in underwriting and claims processing as well as healthy profit growth. Revenue increased by 7%, and adjusted EBITDA grew by 9.5%. Earnings per share were also significantly higher. CEO Lee Shavel emphasized the importance of...
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