This extended data coverage enables us to provide credit behavior insights on millions of consumers that we could not previous. In addition to our traditional attractive positions and consumer credit data, we've added in the rate of alternative data including trended credit, payday, and online short-term loans, retail loans, certain demand deposit Information, utility, and other data. And we continually to lead with deep and differentiated data. This investment in market planning typically enable us to create more valuable solutions, leading to accelerated organic growth. We've also expanded our investment in our vertical markets where our leaders bring significant industry experience and deep insights into customer pain points by adding resources across telecommunications, utilities, e-commerce, gaming and other verticals. Second, we created a global operations role to support the development of customer-focused operational platforms through improved process efficiency and greater automation. Examples of these solutions include fraud mitigation, decisioning, credit products and our growing suite of analytic solutions. First, we consolidated responsibility for our horizontal solutions under a global leader. And we continue to evolve our organization and to develop new capabilities in order to compete effectively.Įarlier this year we created two new global leadership positions in order to accelerate product development and operational effectiveness. We are positioned to continue to deliver market-leading growth and shareholder value creation. In short, we built a company that understands the needs of the customers it serves and can deliver best-in-class solutions to meet those needs. Our stakeholders have come to expect this from TransUnion, just as we expected from ourselves each day. At the same time we've also created a culture that emphasizes customer focus, individual accountability and performance. Over the past seven years we have expanded into attractive new verticals and geographies, built or acquired innovative solutions and developed industry-leading technology. The results reflect broad-based innovation-driven growth at attractive expanding margins and we're very proud of our track record since our IPO. In fact, it's worth noting that the third quarter saw a record adjusted revenue and adjusted EBITDA in absolute dollars and the highest quarterly adjusted EBITDA margin in our history. As you saw in our earnings release this morning TransUnion delivered another strong quarter.
Cartwright - President and Chief Executive Officer With that, let me now turn the time over to Chris.Ĭhristopher A.
#Escan transunion update
We do not undertake any duty to update any forward-looking statement. Actual results could differ materially from those described in the forward-looking statements because of factors discussed in today's earnings release in the comments made during this conference call in our most recent Form 10-K, Forms 10-Q and other reports and filings with the SEC. These statements are based on current expectations and assumptions and are subject to risks and uncertainties. We will also be making statements during this call that are forward-looking. Today's call will be recorded and a replay will be available on our website. Our earnings release includes schedules, which contain more detailed information about revenue, operating expenses and other items including certain non-GAAP financial measures, reconciliations of these non-GAAP financial measures to their most directly comparable GAAP measures are also included in these schedules.
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